By Susanna Moon
Chicago, Jan. 28 - Credit Suisse AG, Nassau Branch priced $5.04 million of 0% buffered return enhanced notes due Feb. 15, 2012 based on the S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.
JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the agents.
The payout at maturity will be par plus double any index gain, up to a maximum return of 16%.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.
| Issuer: | Credit Suisse AG, Nassau Branch
|
| Issue: | Buffered return enhanced notes
|
| Underlying index: | S&P MidCap 400 index
|
| Amount: | $5.04 million
|
| Maturity: | Feb. 15, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any index gain, capped at 16%; 1.1111% loss for every 1% drop beyond 10%
|
| Initial index level: | 930.78
|
| Pricing date: | Jan. 26
|
| Settlement date: | Jan. 28
|
| Agents: | JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
|
| Fees: | None
|
| Cusip: | 22546EK45
|
© 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.
