Published on 9/14/2015 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse prices $2.75 million leveraged notes linked to MSCI EAFE
By Marisa Wong
Morgantown, W.Va., Sept. 14 – Credit Suisse AG, London Branch priced $2.75 million of 0% leveraged notes due March 15, 2017 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 double any index gain, up to a maximum settlement amount of $1,246 for each $1,000 of notes.
Investors will be exposed to any losses.
Credit Suisse Securities (USA) LLC is the agent.
| Issuer: | Credit Suisse AG, London Branch
|
| Issue: | Leveraged notes
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| Underlying index: | MSCI EAFE
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| Amount: | $2.75 million
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| Maturity: | March 15, 2017
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| Coupon: | 0%
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| Price: | Par of $1,000
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| Payout at maturity: | Par plus 200% of any index gain, capped at 24.6%; exposure to any losses
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| Initial level: | 1,710.23
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| Pricing date: | Sept. 10
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| Settlement date: | Sept. 17
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| Agent: | Credit Suisse Securities (USA) LLC
|
| Fees: | 1.33%
|
| Cusip: | 22546VLX2
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