Published on 4/30/2019 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse prices $297,000 ARES linked to Euro Stoxx 50
By Wendy Van Sickle
Columbus, Ohio, April 30 – Credit Suisse AG, London Branch priced $297,000 of Accelerated Return Equity Securities due May 28, 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 plus 200% of any index gain.
Investors will be exposed to any losses.
Credit Suisse Securities (USA) LLC is the agent.
Issuer: | Credit Suisse AG, London Branch
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Issue: | Accelerated Return Equity Securities
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Underlying index: | Euro Stoxx 50
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Amount: | $297,000
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Maturity: | May 28, 2020
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 200% of any index gain; exposure to any losses
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Initial index level: | 3,491.92
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Pricing date: | April 25
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Settlement date: | April 30
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Agent: | Credit Suisse Securities (USA) LLC
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Fees: | 1.93%
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Cusip: | 22552FAX0
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