Credit Suisse plans leveraged buffered notes linked to iShares MSCI EM

By Toni Weeks

San Luis Obispo, Calif., Jan. 31 - Credit Suisse AG, London Branch plans to price 0% leveraged buffered notes linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected mature 19 to 22 months after issue.

The payout at maturity will be par plus 130% of any fund gain, up to a maximum settlement amount of $1,214.50 to $1,240.50 per $1,000 principal amount. The exact maximum payment will be set at pricing.

Investors will receive par if the fund falls by 12.5% or less and will lose about 1.1429% for every 1% decline beyond the 12.5% buffer.

The Cusip number is 22547QGV2.

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.