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Published on 7/18/2019 in the Prospect News Structured Products Daily.

Credit Suisse plans buffered accelerated return equity notes on ETF, index basket

By Wendy Van Sickle

Columbus, Ohio, July 18 – Credit Suisse AG, London Branch plans to price 0% buffered accelerated return equity securities due July 22, 2021 linked to an equally weighted basket of the iShares MSCI Emerging Markets ETF and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 134.6% of any basket gain.

Investors will receive par if the basket falls by up to 10% and will lose 1% for each 1% that the basket falls beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on July 19.

The Cusip number is 22552FP89.


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