Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
Credit Suisse plans accelerated notes tied to Euro Stoxx, JPX-Nikkei
By Wendy Van Sickle
Columbus, Ohio, Oct. 2 – Credit Suisse AG, London Branch plans to price 0% two-year accelerated return notes linked to an equally weighted basket of the Euro Stoxx 50 index and the JPX-Nikkei Index 400, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus three times any basket gain up to a payout capped at $12.50 to $12.90 per unit. The exact cap will be set at pricing.
Investors will be fully exposed to any basket decline.
Merrill Lynch is the agent.
The notes will price in October and settle in November.
© 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.