Credit Suisse plans buffered return enhanced notes on iShares MSCI EM

By Jennifer Chiou

New York, Nov. 15 - Credit Suisse AG, Nassau Branch plans to price 0% buffered return enhanced notes due Dec. 5, 2012 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to a maximum return of 22.1%. The exact cap will be set at pricing.

Investors will receive par if the shares fall by up to 10% and will lose 1.1111% for every 1% drop beyond the trigger.

The notes (Cusip: 22546THC8) are expected to price on Nov. 18 and settle on Nov. 23.

JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC will act as placement agents.

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