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Credit Suisse plans two-year Bares on iShares MSCI Emerging Markets
By Susanna Moon
Chicago, Oct. 28 - Credit Suisse AG, Nassau Branch plans to price 0% Buffered Accelerated Return Equity Securities due Nov. 30, 2015 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any gain in the fund.
Investors will receive par if the shares fall by up to 10% and will lose 1% for each 1% decline beyond 10%.
The notes are callable at par plus a return of about 7% on Dec. 4. The exact call return will be set at pricing.
Credit Suisse Securities (USA) LLC is the underwriter.
The notes will price on Nov. 25 and settle on Nov. 29.
The Cusip number is 22547QCU8.
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