PARIS (Standard&Poor's) Nov. 29, 2002--Standard&Poor's Ratings Services said today that it had assigned an indicative rating of 'BBB+' to the mandatory convertible securities (MCS) to be issued by Credit Suisse Finance (Guernsey) Ltd. and guaranteed by Credit Suisse Group (CSG; 'A/Stable/A-1'). CSG plans to raise from SFr1 billion to SFr1.25 billion from the placement of the MCS. The securities—which will pay a fixed coupon to be determined at the time of sale, plus a floating coupon equal to the common dividend paid by CSG—will be mandatorily redeemed in registered common shares of CSG three years after the issue date. The indicative rating reflects the credit risk associated with the receipt of the fixed coupon during the
