Credit Suisse plans to price accelerated barrier notes on the Dow

By Toni Weeks

San Luis Obispo, Calif., Oct. 31 - Credit Suisse AG plans to price 0% accelerated barrier notes due Dec. 4, 2019 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus 130% to 135% of the index return. The exact participation rate will be set at pricing.

Investors will receive par if the index falls by less than 30% and will be fully exposed to losses if it falls to or below the 70% knock-in level.

Credit Suisse Securities (USA) LLC is the agent.

The notes (Cusip: 22547QCY0) will price Nov. 27 and settle Dec. 3.

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