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Published on 6/12/2019 in the Prospect News Structured Products Daily.

Credit Suisse plans buffered accelerated return equity notes on Nasdaq

By Sarah Lizee

Olympia, Wash., June 12 – Credit Suisse AG, London Branch plans to price 0% buffered accelerated return equity securities due July 1, 2022 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, capped at par plus 30%.

Investors will receive par if the index falls by up to 18.5% and will lose 1% for each 1% that the index falls beyond 18.5%.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on June 28.

The Cusip number is 22552FJD5.


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