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Credit Suisse plans return enhanced notes linked to Euro Stoxx 50
By Jennifer Chiou
New York, March 31 – Credit Suisse AG plans to price 0% return enhanced notes due April 20, 2016 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 three times any gain in the index, up to a maximum gain of 18.3%.
Investors will be exposed to any losses.
The notes (Cusip: 22546VBA3) will price on April 2 and settle on April 8.
J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the placement agents.
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