Credit Suisse plans to price accelerated barrier notes tied to EM ETF

By Sarah Lizee

Olympia, Wash., Jan. 28 – Credit Suisse AG, London Branch plans to price 0% accelerated barrier notes due Feb. 2, 2024 linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF finishes at or above its initial level, the payout at maturity will be par plus 125% of the ETF return, capped at par plus 94.2%.

If the ETF falls by up to 40%, the payout will be par.

Otherwise, investors will be fully exposed to the ETF decline.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on Jan. 30.

The Cusip number is 22551LUT5.

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