Credit Suisse plans three-year accelerated return notes on indexes

By Susanna Moon

Chicago, Aug. 26 - Credit Suisse AG plans to price 0% accelerated return notes due Aug. 30, 2016 linked to a basket of equally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying components are Hang Seng China Enterprises index, MSCI Taiwan index, Hang Seng index and MSCI Singapore Free index.

The payout at maturity will be par plus at least 146% of any basket gain, with no cap on returns.

Investors will receive par if the basket falls by up to 20% and will be fully exposed to any losses if the basket finishes below the 80% knock-in level.

The exact deal terms, including participation rate and knock-in level, will be set at pricing.

Barclays is the placement agent.

The notes will price on Aug. 28 and settle on Aug. 30.

The Cusip number is 22547QAC0.

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