Credit Suisse to price ARES due 2015 linked to Euro Stoxx 50

By Jennifer Chiou

New York, Sept. 17 – Credit Suisse AG plans to price 0% Accelerated Return Equity Securities due Dec. 28, 2015 linked 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 triple any index gain, capped at 19.5%. Investors will be exposed to any index decline.

The notes (Cusip: 22547QTF3) are expected to price on Sept. 19 and settle on Sept. 24.

Credit Suisse Securities (USA) LLC is the underwriter.

© 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.