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Credit Suisse to price three-year Bares linked to Euro Stoxx 50
By Marisa Wong
Morgantown, W.Va., June 8 – Credit Suisse AG, London Branch plans to price 0% Buffered Accelerated Return Equity Securities due June 12, 2020 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 plus 115% to 117% any index gain.
Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% decline beyond 20%.
Credit Suisse Securities (USA) LLC is the underwriter.
The notes will price on June 9 and settle on June 14.
The Cusip number is 22550BA86.
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