Credit Suisse plans to price three-year Bares linked to Euro Stoxx 50

By Susanna Moon

Chicago, June 5 - Credit Suisse AG, Nassau Branch plans to price 0% Buffered Accelerated Return Equity Securities due June 28, 2016 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to an underlying return of 39% to 45%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 10% and will be exposed to losses beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

The notes will price on June 21 and settle on June 28.

The Cusip number is 22547Q3T1.

© 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.