Published on 5/30/2018 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse sells $39,000 CS notes linked to Euro Stoxx 50 index
By Wendy Van Sickle
Columbus, Ohio, May 30 – Credit Suisse AG, London Branch priced $39,000 of CS notes due Nov. 29, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange.
The payout at maturity will be par plus 110% of any index gain.
If the index falls, the payout will be par.
Credit Suisse Securities (USA) LLC is the agent.
| Issuer: | Credit Suisse AG, London Branch
|
| Issue: | CS notes
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $39,000
|
| Maturity: | Nov. 29, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 110% of index return, floor of par
|
| Initial level: | 3,521.76
|
| Pricing date: | May 24
|
| Settlement date: | May 30
|
| Agent: | Credit Suisse Securities (USA) LLC
|
| Fees: | 3.375%
|
| Cusip: | 22550WR82
|
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