| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers S > Headlines for S&P 500 index > News item |
Credit Suisse plans trigger performance securities linked to S&P 500
By Jennifer Chiou
New York, Feb. 11 – Credit Suisse AG plans to price 0% trigger performance securities due Feb. 20, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $10 plus at least 117% of the index return, with the exact participation rate to be determined at pricing.
Investors will receive par if the index falls by up to 25% and will be fully exposed to losses from the initial level if it falls by more than 25%.
The notes (Cusip: 22547T704) will price on Feb. 13 and settle on Feb. 19.
UBS Financial Services Inc. is the distributor.
© 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.