Credit Suisse plans digital plus barrier notes tied to Euro Stoxx 50

By Susanna Moon

Chicago, June 4 – Credit Suisse AG plans to price 0% digital plus barrier notes due Dec. 28, 2021 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 its initial level, the payout at maturity will be par plus the greater of the gain and a fixed return of 52%.

Investors will receive par if the index falls by up to 40% and will be fully exposed to any losses if the index finishes below the 60% knock-in level.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on June 19 and settle on June 26.

The Cusip number is 22546VF76.

© 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.