Credit Suisse to sell capped gears due 2019 linked to MSCI EAFE index

By Devika Patel

Knoxville, Tenn., April 25 – Credit Suisse AG, London Branch plans to price 0% capped gears due June 28, 2019 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to a maximum payout of 16.25% to 18.25%, with the exact cap to be set at pricing.

Investors will lose 1% for each 1% decline of the index from its initial level.

UBS Financial Services Inc. is the agent.

The notes (Cusip: 22549M210) are expected to price on April 26 and settle on April 30.

© 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.