Credit Suisse plans accelerated barrier notes linked to index, fund

By Susanna Moon

Chicago, March 6 - Credit Suisse AG plans to price 0% accelerated barrier notes linked to the Euro Stoxx 50 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

A knock-in event occurs if either component finishes below its knock-in level, 70% of its initial level.

If each index finishes at or above the initial level, the payout at maturity will be par plus 225% to 230% of any gain of the worst performing component.

The payout will be par if each component finishes above the 70% knock-in level.

Otherwise, the payout will be par plus the return of the worst performing component with exposure to any losses.

Credit Suisse Securities (USA) LLC is the underwriter.

The notes are expected to price on March 28 and settle on April 2.

The Cusip number is 22547QKE5.

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