By Toni Weeks
San Luis Obispo, Calif., Jan. 7 - Credit Suisse AG, London Branch priced $7.09 million of 0% leveraged buffered notes due July 30, 2015 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.3 times any index gain, up to a maximum settlement amount of $1,221 per $1,000 principal amount.
Investors will receive par if the index falls by 10% or less.
If the index falls by more than 10%, investors will lose about 1.1111% for every 1% decline beyond the 10% buffer.
Credit Suisse Securities (USA) LLC is the agent.
| Issuer: | Credit Suisse AG, London Branch
|
| Issue: | Leveraged buffered notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $7,086,000
|
| Maturity: | July 30, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 130% of any index gain, capped at 22.1%; par if index falls by up to 10%; if return is below negative 10%, about 1.1111% loss for every 1% decline beyond 10%
|
| Initial level: | 1,898.6
|
| Pricing date: | Jan. 3
|
| Settlement date: | Jan. 10
|
| Agent: | Credit Suisse Securities (USA) LLC
|
| Fees: | None
|
| Cusip: | 22547QFJ0
|
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