Credit Suisse plans accelerated barrier notes tied to Euro Stoxx 50

By Marisa Wong

Madison, Wis., Oct. 29 - Credit Suisse AG plans to price 0% accelerated barrier notes due Dec. 2, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 140% to 150% of the index return. The exact upside participation rate will be set at pricing.

Investors will receive par if the index falls by less than 50% and will be fully exposed to losses from the initial level if the index falls by 50% or more. The exact knock-in level will be set at pricing.

Credit Suisse Securities (USA) LLC is the underwriter.

The notes are expected to price Nov. 22 and settle Dec. 2.

The Cusip number is 22547QCR5.

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