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Credit Suisse plans trigger jump securities on iShares MSCI Brazil ETF
By Marisa Wong
Morgantown, W.Va., June 28 – Credit Suisse AG, London Branch plans to price 0% trigger jump securities due July 3, 2019 linked to the iShares MSCI Brazil Capped exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
If the fund finishes at or above the initial level, the payout at maturity will be par of $10 plus the 40.1% upside payment.
If the fund falls by up to 10%, the payout will be par.
If the fund finishes below the 90% knock-in level, investors will be fully exposed to any losses.
Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Wealth Management handling distribution.
The notes will price on June 30.
The Cusip number is 22549C345.
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