E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/13/2014 in the Prospect News Structured Products Daily.

Credit Suisse plans to price Bares due 2016 on iShares MSCI EAFE

By Jennifer Chiou

New York, March 13 - Credit Suisse AG plans to price 0% Buffered Accelerated Return Equity Securities due Oct. 3, 2016 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any gain in the fund, capped at 22.5% to 26.25%.

Investors will receive par if the shares fall by up to 15% and will lose 1% for each 1% decline beyond 15%.

The notes (Cusip: 22547QKJ4) are expected to price on March 28 and settle on April 2.

Credit Suisse Securities (USA) LLC is the underwriter.


© 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.