New Issue: Credit Suisse sells $3 million digital buffered notes on Stoxx

By Kiku Steinfeld

Chicago, Dec. 15 – Credit Suisse AG, London Branch priced $3 million of 0% digital buffered notes due Nov. 16, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 85% buffer level, the payout at maturity will be $1,101.00 for each $1,000 principal amount.

Otherwise, investors will lose 1.1765% for each 1% decline beyond the 15% buffer.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital buffered notes
Underlying index:	Euro Stoxx 50 index
Amount:	$2,998,000
Maturity:	Nov. 16, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above 85% of initial level, $1,101.00 for each $1,000 principal amount; otherwise, 1.1765% loss for each 1% decline beyond 15%
Initial index level:	3522.31
Buffer level:	85% of initial level
Pricing date:	Dec. 10
Settlement date:	Dec. 17
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22552WV44

© 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.