Credit Suisse plans accelerated barrier notes tied to iShares MSCI EM

By Toni Weeks

San Luis Obispo, Calif., Aug. 1 - Credit Suisse AG plans to price 0% accelerated barrier notes due Aug. 30, 2018 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund finishes at or above its initial level, the payout at maturity will be par plus at least 130% of the fund return. The exact participation rate will be set at pricing.

Investors will receive par if the ETF falls by up to 20% and will be fully exposed to losses if it falls below the 80% knock-in level.

Credit Suisse Securities (USA) LLC is the agent.

The notes (Cusip: 22547Q7A8) will price Aug. 23 and settle Aug. 30.

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