New Issue: Credit Suisse prices $3.37 million return notes on MSCI All Country (AC) Asia Ex-Japan

By Toni Weeks

San Luis Obispo, Calif., March 12 - Credit Suisse AG, Nassau Branch priced $3.37 million 0% return enhanced notes due March 26, 2014 linked to the MSCI All Country (AC) Asia Ex-Japan index, according to an FWP filing with the Securities and Exchange Commission.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.

The payout at maturity will be par plus two times any index gain, subject to a maximum return of 19.5%. Investors will be fully exposed to any index decline.

The final index level will be the average of the closing index levels on the five trading days ending March 21, 2014.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Return enhanced notes
Underlying index:	MSCI All Country (AC) Asia Ex-Japan
Amount:	$3,371,000
Maturity:	March 26, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any gain in the index, capped at 19.5%; exposure to any losses
Initial level:	557.17
Final level:	Average of index closing levels on five trading days ending March 21, 2014
Pricing date:	March 8
Settlement date:	March 13
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	1%
Cusip:	22546T3R0

© 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.