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 three-year capped trigger gears linked to Stoxx 50
By Susanna Moon
Chicago, Dec. 13 – Credit Suisse AG, London Branch plans to price 0% capped trigger gears due Dec. 31, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 66.5% to 70.5%.
Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% trigger level.
UBS Financial Services Inc. and Credit Suisse Securities (USA) LLC are the underwriters.
The notes will price on Dec. 28 and settle on Dec. 30.
The Cusip number is 22548T778.
© 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.