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Credit Suisse plans jump securities due 2019 linked to S&P 500
By Susanna Moon
Chicago, July 27 – Credit Suisse AG, London branch plans to price 0% jump securities due Nov. 5, 2019 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.
If the index finishes at or above its initial level, the payout at maturity will be par plus 11.57%.
Investors will lose 1% for each 1% decline.
Credit Suisse Securities (USA) LLC is the agent.
The notes will price on July 31 and settle on Aug. 3.
The Cusip number is 22549R102.
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