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Credit Suisse plans capped buffered gears tied to iShares MSCI EM
By Susanna Moon
Chicago, March 5 – Credit Suisse AG, London branch plans to price 0% capped buffer gears due March 31, 2021 linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 2 times any index gain up to a maximum gain of 18.2% to 20.2%.
If the index falls by up to 15%, the payout will be par.
Investors will lose 1% for each 1% decline beyond the buffer.
UBS Financial Services Inc. is the distributor.
The notes will price on March 26.
The Cusip number is 22549Y768.
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