| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers I > Headlines for iShares MSCI EAFE index fund > News item |
Credit Suisse plans 6.5%-8.5 callable yield notes linked to ETFs
By Angela McDaniels
Tacoma, Wash., Sept. 16 - Credit Suisse AG, Nassau Branch plans to price 6.5% to 8.5% callable yield notes due Sept. 28, 2012 linked to the iShares MSCI Emerging Markets index fund and the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.
Interest will be payable quarterly.
The notes will be automatically redeemed at par if both funds close above their initial share prices on Dec. 27, March 27, 2012, June 26, 2012 or Sept. 25, 2012.
The payout at maturity will be par unless the final share price of either fund is less than or equal to 80% of its initial share price, in which case investors will receive par plus the return of the worst-performing component.
The notes (Cusip: 22546TFA4) are expected to price Sept. 27 and settle Sept. 30.
Credit Suisse Securities (USA) LLC is the agent.
© 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.