Credit Suisse plans trigger performance notes on iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Nov. 30 – Credit Suisse AG, London Branch plans to price 0% trigger performance securities due Dec. 31, 2020 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par of $10 plus 159% to 169% of the ETF return. The exact upside participation rate will be set at pricing.

If the ETF return is zero or negative and the final share price is greater than or equal to the trigger share price, 75% of the initial share price, the payout will be par.

If the final share price is less than the trigger share price, investors will be fully exposed to the decline in the ETF from its initial share price.

UBS Financial Services Inc. is acting as distributor.

The notes will price Dec. 28.

The Cusip number is 22548J168.

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