Credit Suisse to price Leveraged Index Return Notes tied to the Dow

By Toni Weeks

San Luis Obispo, Calif., Jan. 31 - Credit Suisse AG plans to price 0% Leveraged Index Return Notes due February 2019 linked to the Dow Jones industrial average, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 100% to 120% of any index gain, with the actual participation rate to be determined at pricing. Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% that it declines beyond 20%.

The final index level will be the average of the closing levels on five trading days shortly before maturity.

The notes are expected to price in February and settle in March.

BofA Merrill Lynch will be the agent.

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