Published on 11/2/2012 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse prices $3.69 million enhanced participation securities tied to MSCI EAFE
By Toni Weeks
San Diego, Nov. 2 - Credit Suisse AG, Nassau Branch priced $3.69 million of 0% enhanced participation equity securities due Nov. 5, 2014 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 300% of any index gain, up to a maximum return of 36.45%.
Investors will be fully exposed to any decline in the index.
Credit Suisse Securities (USA) LLC is the agent.
Issuer: | Credit Suisse AG, Nassau Branch
|
Issue: | Enhanced participation equity securities
|
Underlying index: | MSCI EAFE
|
Amount: | $3,693,000
|
Maturity: | Nov. 5, 2014
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 300% of any index gain, capped at 36.45%; full exposure to any losses
|
Initial index level: | 1,522.23
|
Pricing dates: | Oct. 31
|
Settlement date: | Nov. 7
|
Underwriter: | Credit Suisse Securities (USA) LLC
|
Fees: | 2%
|
Cusip: | 22546TG70
|
© 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.