E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/29/2010 in the Prospect News Structured Products Daily.

Credit Suisse to price Bares linked to iShares MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., Sept. 29 - Credit Suisse AG, Nassau Branch plans to price 0% Buffered Accelerated Return Equity Securities due Oct. 29, 2012 linked to the iShares MSCI Emerging Markets index fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any increase in the exchange-traded fund's share price, subject to a maximum return of 18% to 22% that will be set at pricing. Investors will receive par if the share price falls by up to 10% and will be exposed to any decline beyond 10%.

The notes (Cusip 22546EB60) are expected to price Oct. 22 and settle Oct. 29.

Credit Suisse Securities (USA) LLC is the underwriter.


© 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.