New Issue: Credit Suisse prices $5.19 million PLUS linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Feb. 21 – Credit Suisse AG, London Branch priced $5.19 million of 0% Performance Leveraged Upside Securities due June 5, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 27.1%.

Investors will be fully exposed to any index decline.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Smith Barney LLC handling distribution.

Issuer:	Credit Suisse AG, London Branch
Issue:	Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$5,187,790
Maturity:	June 5, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, return capped at 27.1%; full exposure to any index decline
Initial level:	3,323.71
Pricing date:	Feb. 15
Settlement date:	Feb. 21
Agent:	Credit Suisse Securities (USA) LLC
Distribution:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	22549A315

© 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.