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Credit Suisse plans trigger performance notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, May 8 – Credit Suisse AG plans to price 0% trigger performance securities due May 30, 2025 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 of $10 plus 185% to 205% of any index gain, with the exact participation rate to be set at pricing.
If the index falls by up to the 65% trigger level, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
UBS Financial Services Inc. is the distributor.
The notes will price on May 27 and settle on May 29.
The Cusip number is 22547T803.
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