Published on 12/31/2014 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse prices $3.14 million Accelerated Return Notes on WisdomTree Japan
By Marisa Wong
Madison, Wis., Dec. 31 – Credit Suisse AG, London Branch priced $3.14 million of 0% Accelerated Return Notes due Feb. 26, 2016 linked to the WisdomTree Japan Hedged Equity index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 300% of any index gain, capped at 13.71%.
Investors will be fully exposed to losses.
BofA Merrill Lynch is the agent.
| Issuer: | Credit Suisse AG, London Branch
|
| Issue: | Accelerated Return Notes
|
| Underlying index: | WisdomTree Japan Hedged Equity index
|
| Amount: | $3,139,020
|
| Maturity: | Feb. 26, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any index gain, capped at 13.71%; full exposure to losses
|
| Initial index level: | 145.9459
|
| Pricing date: | Dec. 24
|
| Settlement date: | Jan. 2
|
| Agent: | BofA Merrill Lynch
|
| Fees: | 2%
|
| Cusip: | 22539W855
|
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