By Susanna Moon
Chicago, Oct. 7 – Credit Suisse AG, London Branch priced $1.9 million of 0% accelerated barrier notes due March 28, 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 132% of the return.
If the index falls by up to the 75% knock-in level, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
Credit Suisse Securities (USA) LLC is the underwriter.
Issuer: | Credit Suisse AG, London Branch
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Issue: | Accelerated barrier notes
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Underlying index: | Euro Stoxx 50
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Amount: | $1.9 million
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Maturity: | March 28, 2019
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index gains, par plus 132% of return; if index falls by up to knock-in level, par; otherwise, full exposure to losses
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Initial level: | 3,113.16
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Knock-in level: | 75% of initial level
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Pricing date: | Sept. 25
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Settlement date: | Sept. 30
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Underwriter: | Credit Suisse Securities (USA) LLC
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Fees: | 2.75%
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Cusip: | 22546VME3
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