Published on 9/27/2016 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse prices $905,000 CS notes linked to S&P 500 index
By Tali Rackner
Norfolk, Va., Sept. 27 – Credit Suisse AG, Nassau Branch priced $905,000 of 0% CS notes due Sept. 26, 2024 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 the index return, subject to a minimum payout of par and a maximum return of 80%.
Credit Suisse Securities (USA) LLC is the agent.
| Issuer: | Credit Suisse AG, Nassau Branch
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| Issue: | CS notes
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| Underlying index: | S&P 500
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| Amount: | $905,000
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| Maturity: | Sept. 26, 2024
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus index return, subject to a minimum return of par and a maximum return of 80%
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| Initial level: | 2,164.69
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| Pricing date: | Sept. 23
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| Settlement date: | Sept. 28
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| Agent: | Credit Suisse Securities (USA) LLC
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| Fees: | 3.25%
|
| Cusip: | 22548QHX6
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