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 plans digital barrier notes tied to Stoxx 50, EM fund
By Susanna Moon
Chicago, Nov. 9 – Credit Suisse AG, London branch plans to price 0% digital barrier notes due May 29, 2020 linked to the worse performing of the iShares MSCI Emerging Markets ETF and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If each underlying asset closes at or above its 75% knock-in level, the payout at maturity will be par plus the fixed return of 14.5% to 15.5%.
Otherwise, investors will receive par plus the return of the worse performing index or fund with full exposure to any losses.
Credit Suisse Securities (USA) LLC is the agent.
The notes will price on Nov. 21.
The Cusip number is 22551LHU7.
© 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.