Credit Suisse plans to price buffered accelerated return notes on Core S&P Small-Cap ETF

By Emma Trincal

New York, Dec. 20 – Credit Suisse AG, London Branch plans to price buffered accelerated return equity securities due June 30, 2025 linked to the iShares Core S&P Small-Cap ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus 125.65% of the ETF return. The 125.65% upside participation rate is the expected rate. Its final amount will be set at pricing.

Investors will receive par if the ETF return is flat or falls by 10% or less and will lose 1% for every 1% decline beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on Dec. 22 and will settle on Dec. 28.

The Cusip number is 22553QPL5.

© 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.