Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Credit Suisse AG > News item |
Credit Suisse plans Accelerated Return Notes tied to S&P 500 via BofA
By Toni Weeks
San Luis Obispo, Calif., Aug. 28 – Credit Suisse AG plans to price 0% Accelerated Return Notes due November 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 10% to 14% that will be set at pricing. If the index return is negative, investors will be fully exposed to the decline.
BofA Merrill Lynch is the agent.
The notes will price in September and settle in October.
© 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.