Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Credit Suisse AG > News item |
Credit Suisse plans accelerated return notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, Oct. 3 – Credit Suisse AG plans to price 0% accelerated return notes due May 4, 2018 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 at least 156% of any index gain, with the exact upside participation rate to be set at pricing.
If the index finishes at or above the 75% knock-in level, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
Barclays is the placement agent.
The notes will price on Oct. 28 and settle on Oct. 31.
The Cusip number is 22547QUE4.
© 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.