New Issue: Credit Suisse sells $13.86 million Capped Leveraged Index Return Notes on EM index

By Wendy Van Sickle

Columbus, Ohio, June 5 – Credit Suisse AG, London Branch priced $13.86 million of 0% Capped Leveraged Index Return Notes due May 28, 2021 linked to the MSCI Emerging Markets index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, capped at par plus 21.02%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

BofA Merrill Lynch is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Capped Leveraged Index Return Notes
Underlying index:	MSCI Emerging Markets
Amount:	$13,861,550
Maturity:	May 28, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at par plus 21.02%; par if index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial index level:	994.93
Threshold level:	895.44, 90% of initial level
Pricing date:	May 30
Settlement date:	June 6
Underwriter:	BofA Merrill Lynch
Fees:	2%
Cusip:	22548Y215

© 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.