Credit Suisse plans accelerated barrier notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Feb. 4 - Credit Suisse AG plans to price 0% accelerated barrier notes due March 2, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 150% to 160% of the index return. If the final index level is less than the initial level but greater than the knock-in level, the payout will be par. Investors will be fully exposed to losses from the initial level if the final index level is less than the knock-in level.

The knock-in level is expected to be 50% of the initial level. The exact knock-in level and upside participation rate will be set at pricing.

Credit Suisse Securities (USA) LLC is the underwriter.

The notes are expected to price Feb. 21 and settle Feb. 28.

The Cusip number is 22547QH41.

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