Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers R > Headlines for Russell 2000 index > News item |
Credit Suisse plans 7.5% callable yield notes tied to S&P 500, Russell
By Susanna Moon
Chicago, April 25 - Credit Suisse AG, Nassau Branch plans to price 7.5% callable yield notes due May 2, 2013 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable monthly.
The notes are callable on any interest payment date.
The payout at maturity will be par unless either index falls to or below the 55% trigger level, in which case the payout will be par plus the return of the worse-performing index, up to a maximum payout of par.
Credit Suisse Securities (USA) LLC is the agent.
The notes will price on April 27 and settle on May 2.
The Cusip number is 22546TTA9.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.