Published on 5/3/2019 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse sells $659,000 CS notes linked to Euro Stoxx 50 index
By Sarah Lizee
Olympia, Wash., May 3 – Credit Suisse AG, London Branch priced $659,000 of 0% CS notes due May 4, 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 102.5% 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
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Issue: | CS notes
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Underlying index: | Euro Stoxx 50 index
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Amount: | $659,000
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Maturity: | May 4, 2022
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 102.5% of index return, floor of par
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Initial level: | 3,514.62
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Pricing date: | April 30
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Settlement date: | May 3
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Agent: | Credit Suisse Securities (USA) LLC
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Fees: | 1.05%
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Cusip: | 22552F4S8
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