Credit Suisse plans two issues of ProNotes linked to index basket

By Laura Lutz

Des Moines, April 18 - Credit Suisse (USA), Inc. plans to price two issues of 0% ProNotes due May 17, 2011 linked to an index basket, according to a 424B2 filing with the Securities and Exchange Commission.

For both issues, the basket will include a 15% weight of the FTSE/Xinhua China 25 index, a 15% weight of the Bovespa Brazil index, a 15% weight of the S&P CNX Nifty index, a 27.5% weight of the Brazilian real/U.S. dollar spot rate and a 27.5% weight of the Russian ruble/U.S. dollar spot rate.

The payout at maturity for each series of notes will be par plus a participation rate times any positive return on the basket. If the basket declines, investors will receive par.

The participation rate will be between 115% and 120% for one issue and between 100% and 105% for the other issue.

Credit Suisse Securities (USA) LLC will be the underwriter. FIS is the distributor.

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