New Issue: Credit Suisse prices $15.28 million Leveraged Index Return Notes linked to the Dow

By Marisa Wong

Morgantown, W.Va., July 11 – Credit Suisse AG, London Branch priced $15.28 million of 0% Leveraged Index Return Notes due June 25, 2021 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 201.1% of the index return. Investors will have full exposure to any decline in the index.

BofA Merrill Lynch is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged Index Return Notes
Underlying index:	Dow Jones industrial average
Amount:	$15,281,130
Maturity:	June 25, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 201.1% of any index gain; full exposure to loss
Initial level:	17,895.88
Pricing date:	July 7
Settlement date:	July 13
Agent:	BofA Merrill Lynch
Fees:	2.5%
Cusip:	22547V766

© 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.