Published on 11/29/2012 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse prices $3.2 million accelerated return notes linked to S&P 500
By Susanna Moon
Chicago, Nov. 29 - Credit Suisse AG, Nassau Branch priced $3.2 million of 0% Accelerated Return Equity Securities due Nov. 30, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 180% of any index gain.
Investors will be exposed to any losses.
Credit Suisse Securities (USA) LLC is the underwriter.
Issuer: | Credit Suisse AG, Nassau Branch
|
Issue: | Accelerated Return Equity Securities
|
Underlying index: | S&P 500
|
Amount: | $3,198,000
|
Maturity: | Nov. 30, 2017
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 180% of any index gain; exposure to any losses
|
Initial level: | 1,398.94
|
Pricing date: | Nov. 27
|
Settlement date: | Nov. 30
|
Underwriters: | Credit Suisse Securities (USA) LLC
|
Fees: | 3.84%
|
Cusip: | 22546TL25
|
© 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.