Credit Suisse plans Accelerated Return Notes on Euro Stoxx 50 index

By Devika Patel

Knoxville, Tenn., Nov. 2 – Credit Suisse AG, London Branch plans to price 0% Accelerated Return Notes due January 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 of $10 plus triple any index gain, subject to a maximum return that is expected to be between 20% and 24% and will be set at pricing. Investors will lose 1% for each 1% index decline.

BofA Merrill Lynch is the agent.

The notes will price in November and settle in December.

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