By Jennifer Chiou
New York, Oct. 27 - Credit Suisse (USA), Inc. priced a $4.16 million issue of 0% ProNotes due Oct. 29, 2010 linked to a basket of Asian indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the Nikkei 225 index with a 40% weight and the MSCI Singapore Free, MSCI Taiwan, Korea Stock Price 200 and FTSE/Xinhua China 25 indexes, each with a 15% weight.
If the final basket level is greater than the initial basket level, the payout at maturity will be par plus 105% of the percentage gain.
If the final basket level is less than or equal to the initial level, the payout at maturity will be par.
Credit Suisse Securities (USA) LLC is the underwriter.
Issuer: | Credit Suisse (USA), Inc.
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Issue: | ProNotes
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Underlying indexes: | Nikkei 225 index (40% weight), MSCI Singapore Free (15% weight), MSCI Taiwan (15% weight), Korea Stock Price 200 (15% weight), FTSE/Xinhua China 25 (15% weight)
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Amount: | $4.16 million
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Maturity: | Oct. 29, 2010
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 105% of any positive return on the basket; floor of par
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Pricing date: | Oct. 26
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Settlement date: | Oct. 31
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Underwriter: | Credit Suisse Securities (USA) LLC
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Fees: | 2.5%
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