Credit Suisse plans accelerated barrier notes on EAFE ETF, Euro Stoxx

By Marisa Wong

Madison, Wis., Oct. 21 – Credit Suisse AG plans to price 0% accelerated barrier notes due Nov. 9, 2017 linked to the Euro Stoxx 50 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the least-performing underlying component finishes at or above its initial level, the payout at maturity will be par plus 190% to 200% of the return of the least-performing underlying component. The exact participation rate will be set at pricing.

If the least-performing underlying component finishes below its initial level and a knock-in event does not occur, the payout will be par. A knock-in event occurs if either underlying component finishes at or below its knock-in level, 70% of its initial level.

If the least-performing underlying component finishes below its initial level and a knock-in event occurs, investors will be fully exposed to the decline of the least-performing underlying component.

Credit Suisse Securities (USA) LLC is the underwriter.

The notes are expected to price Nov. 4 and settle Nov. 7.

The Cusip number is 22547QV78.

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