Credit Suisse plans to price Accelerated Return Notes on gold ETF

By Emma Trincal

New York, May 15 – Credit Suisse AG, London Branch plans to price 0% Accelerated Return Notes due July 2021 linked to the SPDR Gold Shares fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any fund gain, up to a maximum return of 15% to 19%.

Investors will be exposed to any fund decline.

BofA Securities, Inc. is the underwriter.

The notes will price in May.

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