Credit Suisse plans accelerated barrier notes on Euro Stoxx 50 index

By Toni Weeks

San Luis Obispo, Calif., July 1 - Credit Suisse AG, Nassau Branch plans to price 0% accelerated barrier notes due July 26, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus 165% to 175% of the index return. The exact participation rate will be set at pricing.

Investors will receive par if the index falls by less than 50% and will be fully exposed to losses if it falls to or below the 50% knock-in level.

Credit Suisse Securities (USA) LLC is the agent.

The notes (Cusip: 22547Q5R3) will price July 19 and settle July 26.

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