New Issue: Credit Suisse prices $531,000 buffered enhanced participation notes on iShares EM fund

By Toni Weeks

San Luis Obispo, Calif., Feb. 22 - Credit Suisse AG, Nassau Branch priced $531,000 of 0% buffered enhanced participation equity securities due Jan. 15, 2015 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 130% times any gain in the index fund, up to a maximum return of 19.11%.

Investors will receive par if the fund falls by up to 17.5% and will lose 1.212121% for each 1% decline beyond 17.5%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Buffered enhanced participation equity securities
Underlying fund:	iShares MSCI Emerging Markets index fund
Amount:	$531,000
Maturity:	Jan. 15, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 130% of any fund gain, with underlying return capped at 19.11%; par if shares fall by 17.5% or less; 1.212121% loss for every 1% decline beyond 17.5%
Initial price:	$43.69
Pricing date:	Feb. 20
Settlement date:	Feb. 27
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22546TZ95

© 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.