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Prospect News home > News index > List of issuers C > Headlines for Credit Suisse AG, London Branch > News item |
Credit Suisse plans PLUS with leverage, cap tied to iShares China Large-Cap
By Susanna Moon
Chicago, April 4 – Credit Suisse AG, London branch plans to price 0% Performance Leveraged Upside Securities due Aug. 3, 2018 linked to the iShares China Large-Cap exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any gain in the index, up to a maximum return of 26.3%.
Investors will be exposed to any losses.
Credit Suisse Securities (USA) LLC is the agent, with Morgan Stanley Wealth Management handling distribution.
The notes will price on April 13 and settle on April 19.
The Cusip number is 22549A679.
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