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Credit Suisse plans buffered digital notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, March 7 - Credit Suisse AG, Nassau Branch plans to price 0% buffered digital equity securities linked to the Euro Stoxx 50 index and the euro relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will mature between 15 and 17 months after pricing.
If the index finishes at or above the 85% trigger level, the payout at maturity will be par plus the fixed return 8% to 10%.
Otherwise, investors will lose 1.1765% for each 1% decline beyond 15%.
Credit Suisse Securities (USA) LLC is the agent.
The notes will price and settle in March.
The Cusip number is 22546T3N9.
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