New Issue: Credit Suisse prices $530,000 CS notes linked to gold funds

By Angela McDaniels

Tacoma, Wash., Oct. 29 – Credit Suisse AG, Nassau Branch priced $530,000 of 0% CS notes due Oct. 29, 2021 linked to the SPDR Gold trust and the Market Vectors Gold Miners exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the return of the lesser-performing fund, subject to a minimum payout of par and a maximum return of 54%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	CS notes
Underlying funds:	SPDR Gold trust and Market Vectors Gold Miners ETF
Amount:	$530,000
Maturity:	Oct. 29, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus return of lesser-performing fund, subject to minimum payout of par and maximum return of 54%
Initial share prices:	$111.43 for SPDR Gold trust and $16.01 for Market Vectors Gold Miners ETF
Pricing date:	Oct. 26
Settlement date:	Oct. 29
Agent:	Credit Suisse Securities (USA) LLC
Fees:	3.675%
Cusip:	22546VP42

© 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.