Credit Suisse plans six-year Bares with 25% buffer on Euro Stoxx 50

By Susanna Moon

Chicago, April 12 - Credit Suisse AG, Nassau Branch plans to price 0% Buffered Accelerated Return Equity Securities due April 26, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% to 160% of any index gain.

Investors will receive par if the index falls by up to 25% and will be exposed to any losses beyond 25%.

Credit Suisse Securities (USA) LLC is the underwriter.

The notes will price on April 19 and settle on April 26.

The Cusip number is 22546T5Q0.

© 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.