Credit Suisse plans Bares linked to Euro Stoxx 50 index, MSCI EM fund

By Devika Patel

Knoxville, Tenn., Sept. 15 – Credit Suisse AG, London Branch plans to price 0% Buffered Accelerated Return Equity Securities due Sept. 23, 2019 linked to the lowest performing of the Euro Stoxx 50 index and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying finishes at or above its initial level, the payout at maturity will be par plus double the return of the worse performing underlying, up to an underlying cap of between 65% and 70%. The exact cap will be set at pricing.

Investors will receive par if each underlying falls by no more than 10% and will lose 1% for each 1% decline of the worse performing underlying beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

The notes (Cusip: 22550BHW6) will price Sept. 18 and settle Sept. 21.

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