Credit Suisse plans to price 2% Bares linked to iShares MSCI EAFE

By Toni Weeks

San Diego, Oct. 10 - Credit Suisse AG, Nassau Branch plans to price Buffered Accelerated Return Equity Securities due May 4, 2016 linked to the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The securities will carry a coupon that is expected to be 2%. Interest is payable semiannually.

If the final share price is equal to or greater than the initial price, the payout at maturity will be par plus the fund return, with a maximum return of 35% to 40%.

Investors will receive par for losses of up to 15% and will share in any losses beyond the buffer.

The exact terms will be set at pricing.

The notes (Cusip: 22546TC82) are expected to price Oct. 30 and settle Nov. 2.

Credit Suisse Securities (USA) LLC is the underwriter.

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