| 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 to price digital buffered notes linked to S&P 500 index
By Toni Weeks
San Luis Obispo, Calif., Feb. 4 – Credit Suisse AG plans to price 0% digital buffered notes due Aug. 29, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above the initial level, the payout at maturity will be par plus a fixed payment percentage of 21% to 24% that will be set at pricing.
Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% index decline beyond the 85% buffer level.
The notes (Cusip: 22546V4E3) are expected to price Feb. 25 and settle Feb. 27.
Credit Suisse Securities (USA) LLC is the agent.
© 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.