New Issue: Credit Suisse prices $10 million return enhanced notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, March 11 – Credit Suisse AG, London Branch priced $10 million of 0% return enhanced notes due March 12, 2020 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 5 times any gain in the index, up to a maximum return of 100.8%.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the placement agents.

Issuer:	Credit Suisse AG, London Branch
Issue:	Return enhanced notes
Underlying index:	Euro Stoxx 50
Amount:	$10 million
Maturity:	March 12, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 500% of any index gain, capped at 100.8%; exposure to any losses
Initial level:	3,610.28
Pricing date:	March 9
Settlement date:	March 12
Placement agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	2.75%
Cusip:	22546V6Y7

© 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.