Published on 9/12/2023 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse prices $40,000 CS notes on Credit Suisse RavenPack News Algo
Chicago, Sept. 12 – Credit Suisse AG, London Branch priced $40,000 of 0% CS notes due Aug. 31, 2027 linked to the Credit Suisse RavenPack News Algo index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes above its initial level, the payout at maturity will be par plus 3.35 times the index gain. If the index finishes flat or falls, investors will receive par.
Credit Suisse Securities (USA) LLC is the agent.
| Issuer: | Credit Suisse AG, London Branch
|
| Issue: | CS notes
|
| Underlying index: | Credit Suisse RavenPack News Algo index
|
| Amount: | $40,000
|
| Maturity: | Aug. 31, 2027
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 3.35 times any index gain; otherwise, par
|
| Initial level: | 236.4717
|
| Pricing date: | Aug. 26, 2022
|
| Settlement date: | Aug. 31, 2022
|
| Agent: | Credit Suisse Securities (USA) LLC
|
| Fees: | 3.75%
|
| Cusip: | 22553QFU6
|
|
|
© 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.
