| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers D > Headlines for Dow Jones Industrial Average > News item |
Credit Suisse to price absolute return barrier notes on Dow, Russell
By Sarah Lizee
Olympia, Wash., June 20 – Credit Suisse AG, London Branch plans to price 0% absolute return barrier securities due June 29, 2021 linked to the Dow Jones Industrial Average and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If each index finishes at or above its initial level, the payout at maturity will be par plus 120% to 125% of the worse performing index return up to a 30% cap.
If either index falls by up to its 65% knock-in level, the payout will be par plus the absolute value of the return of the worse performing index.
Otherwise, investors will be fully exposed to the decline of the worse performing index.
Credit Suisse Securities (USA) LLC is the agent.
The notes will price on June 22 and settle on June 29.
The Cusip number is 22550WY43.
© 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.