E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/3/2015 in the Prospect News Structured Products Daily.

Credit Suisse plans accelerated barrier notes tied to Euro Stoxx 50

By Susanna Moon

Chicago, Feb. 3 – Credit Suisse AG plans to price 0% accelerated barrier notes due March 1, 2021 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 140% to 145% of any index gain. The exact upside participation rate will be set at pricing.

Investors will receive par if the index falls by up to 40% and will be fully exposed to losses if the index finishes below the 60% knock-in level.

Credit Suisse Securities (USA) LLC is the underwriter.

The notes will price on Feb. 20 and settle on Feb. 27.

The Cusip number is 22546V3U8.


© 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.