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Credit Suisse plans to price Bares linked to Euro Stoxx 50 index
By Angela McDaniels
Tacoma, Wash., June 19 – Credit Suisse AG, London Branch plans to price 0% Buffered Accelerated Return Equity Securities due July 1, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 205% of the index return. Investors will receive par if the index declines by 15% or less and will lose 1% for each 1% that it may decline beyond 15%.
Credit Suisse Securities (USA) LLC is the underwriter.
The notes will price June 23.
The Cusip number is 22550BB28.
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