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Credit Suisse plans to price Bares due 2018 linked to Euro Stoxx 50
By Jennifer Chiou
New York, May 28 - Credit Suisse AG plans to price 0% Buffered Accelerated Return Equity Securities due June 28, 2018 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.
If the index finishes at or above the initial level, the payout at maturity will be par plus 125% to 130% of any gain.
Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% that the index declines beyond 15%.
The notes (Cusip: 22547QNF9) will price on June 25 and settle on June 30.
Credit Suisse Securities (USA) LLC is the underwriter.
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