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Prospect News home > News index > List of issuers C > Headlines for Credit Suisse AG, Nassau Branch > News item
Published on 8/1/2008 in the Prospect News Structured Products Daily.

Credit Suisse to sell ProNotes linked to four currencies

By Susanna Moon

Chicago, Aug. 1 - Credit Suisse, Nassau branch plans to price 0% ProNotes due Aug. 31, 2010 linked to an equally weighted currency basket relative to the U.S. dollar, according to a 424B2 filing with the Securities and Exchange Commission.

Underlying currencies are the Brazilian real, Russian ruble, Australian dollar and South African rand.

Payout at maturity will be par plus 225% of any basket gain against the U.S. dollar. If the basket falls versus the dollar, investors will receive par.

The notes are expected to price on Aug. 26 and to settle on Aug. 29.

Credit Suisse Securities (USA) LLC is the underwriter.


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