Credit Suisse plans Leveraged Index Return Notes tied to index basket

By Angela McDaniels

Tacoma, Wash., July 1 – Credit Suisse AG plans to price 0% Leveraged Index Return Notes due July 2018 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei Stock Average index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

If the basket return is positive, the payout at maturity will be par of $10 plus 142% to 162% of the basket return. The exact participation rate will be set at pricing. If the basket return is negative, investors will be fully exposed to the decline.

BofA Merrill Lynch is the agent.

The notes will price in July and settle in August.

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