Published on 7/1/2015 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse sells $2.18 million return enhanced notes on Euro Stoxx 50
By Susanna Moon
Chicago, July 1 – Credit Suisse AG, London Branch priced $2.18 million of 0% return enhanced notes due July 13, 2016 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain, up to a maximum return of 17.85%.
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
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Issue: | Return enhanced notes
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Underlying index: | Euro Stoxx 50
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Amount: | $2,175,000
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Maturity: | July 13, 2016
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 300% of any index gain, capped at 17.85%; exposure to any losses
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Initial level: | 3,621.37
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Pricing date: | June 26
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Settlement date: | July 1
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Agents: | J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
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Fees: | 1%
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Cusip: | 22546VFX9
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