Credit Suisse plans leveraged notes with cap linked to index basket

By Susanna Moon

Chicago, Jan. 22 – Credit Suisse AG, London Branch plans to price 0% leveraged notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature between 16 and 19 months after pricing.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus triple any basket gain, up to a maximum settlement amount of $1,210 to $1,246.00 for each $1,000 principal amount.

Investors will be exposed to any losses.

The exact deal terms will be set at pricing.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on Jan. 23.

The Cusip number is 22546V2R.

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