New Issue: Credit Suisse prices $5 million return enhanced notes on Euro Stoxx 50

By Susanna Moon

Chicago, Feb. 27 - Credit Suisse AG, London Branch priced $5 million of 0% return enhanced notes due Feb. 26, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 5 times any index gain, up to a maximum return of 90.25%.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the placement agents.

Issuer:	Credit Suisse AG, London Branch
Issue:	Return enhanced notes
Underlying index:	S&P 500
Amount:	$5 million
Maturity:	Feb. 26, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 500% of any index gain, capped at 90.25%; exposure to any losses
Initial level:	3,131.67
Pricing date:	Feb. 24
Settlement date:	Feb. 27
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	3%
Cusip:	22547QJL1

© 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.