| 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 to price digital barrier notes on EM ETF, Stoxx 50
New York, May 29 – Credit Suisse AG, London Branch plans to price 0% digital barrier notes due Dec. 31, 2019 linked to the lesser performing of the iShares MSCI Emerging Markets ETF and the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the lesser performing underlying finishes at or above its 75% knock-in level, the payout at maturity will be par plus the fixed return of 11.25% to 12.25%. The exact fixed payment percentage will be set at pricing.
Otherwise, investors will be fully exposed to any losses of the worse performing asset.
Credit Suisse Securities (USA) LLC is the agent.
The notes will price on June 22 and settle on June 29.
The Cusip number is 22550WVU8.
© 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.