Credit Suisse plans Bares due 2020 with 10% buffer on iShares MSCI EM

By Susanna Moon

Chicago, Dec. 18 – Credit Suisse AG, London Branch plans to price 0% Buffered Accelerated Return Equity Securities due Jan. 15, 2020 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to an underlying return cap of 29%.

Investors will receive par if the fund falls by up to 10% and lose 1% for each 1% decline beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on Dec. 22 and settle on Dec. 28.

The Cusip is 22550BT45.

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