New Issue: Credit Suisse prices $12.41 million market-linked notes on S&P 500

By William Gullotti

Buffalo, N.Y., Aug. 18 – Credit Suisse AG, London Branch priced $12.41 million of 0% market-linked notes due Aug. 17, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, subject to a maximum payout of par plus 60%.

If the index falls, the payout will be par.

Credit Suisse Securities (USA) LLC is the agent with UBS Financial Services Inc. handling distribution.

Issuer:	Credit Suisse AG, London Branch
Issue:	Market-linked notes
Underlying index:	S&P 500 index
Amount:	$12,414,000
Maturity:	Aug. 17, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain capped at 60%; floor of par
Initial level:	4,280.15
Pricing date:	Aug. 12
Settlement date:	Aug. 17
Agent:	Credit Suisse Securities (USA) LLC
Distributor:	UBS Financial Services Inc.
Fees:	3.5%
Cusip:	22553QH26

© 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.