New Issue: Credit Suisse prices $684,000 Bares tied to iShares MSCI EAFE, EM funds

By Susanna Moon

Chicago, Sept. 4 - Credit Suisse AG, London Branch priced $684,000 of 0% Buffered Accelerated Return Equity Securities due Sept. 4, 2015 tied to the iShares MSCI EAFE exchange-traded fund and the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If each fund finishes at or above its initial level, the payout at maturity will be par plus a fixed payment percentage of 22%.

Investors will receive par if the worst performing fund falls by up to 10% and will lose 1% for every 1% decline beyond 10% of the worst performing fund.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying funds:	iShares MSCI EAFE ETF and the iShares MSCI Emerging Markets ETF
Amount:	$684,000
Maturity:	Sept. 4, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing fund gains, par plus 22%; par if worst performing fund falls by up to 10% and 1% loss per 1% decline beyond 10% of worst performing fund
Initial levels:	$59.17 for EAFE fund, $38.04 for EM fund
Pricing date:	Aug. 30
Settlement date:	Sept. 4
Underwriters:	Credit Suisse Securities (USA) LLC
Fees:	0%
Cusip:	22547Q6J0

© 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.