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Credit Suisse plans to price Bares linked to Euro Stoxx 50 index
By Angela McDaniels
Tacoma, Wash., April 24 – Credit Suisse AG plans to price 0% Buffered Accelerated Return Equity Securities due July 2, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above the initial level, the payout at maturity will be par plus 134% of the index return. Investors will receive par if the index falls by 20% or less and will lose 1.25% for every 1% that the index declines beyond 20%.
Credit Suisse Securities (USA) LLC is the underwriter.
The notes are expected to price April 27 and settle April 30.
The Cusip number is 22546VCH7.
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