Credit Suisse plans leveraged buffered notes linked to MSCI EAFE

By Jennifer Chiou

New York, May 2 - Credit Suisse AG, Nassau Branch plans to price 0% leveraged buffered notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature between 24 and 27 months after pricing. The exact deal terms will be set at pricing.

The payout at maturity will be par plus two times any index gain, up to a maximum settlement amount of $1,175 to $1,220 per $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1.111111% for each 1% decline beyond 10%.

The notes (Cusip: 22546T7K1) are expected to price and settle in May.

Credit Suisse Securities (USA) LLC is the underwriter.

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