New Issue: Credit Suisse sells $3.56 million leveraged buffered notes on MSCI EAFE

By Kiku Steinfeld

Chicago, Nov. 16 – Credit Suisse AG, London Branch priced $3.56 million of 0% leveraged buffered index-linked notes due April 21, 2022 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 130% of any index gain, up to a maximum settlement amount of $1,172.90 per $1,000 of notes.

Investors will receive par if the index finishes flat or falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged buffered index-linked notes
Underlying index:	MSCI EAFE index
Amount:	$3,561,000
Maturity:	April 21, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 130% of any index gain, subject to maximum settlement amount of $1,172.90 per $1,000 of notes; par if index finishes flat or falls by up to 10%; 1.1111% loss for each 1% decline beyond 10%
Initial level:	1849.24
Buffer level:	90% of initial level
Pricing date:	Oct. 27
Settlement date:	Nov. 3
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0%
Cusip:	22552WQS7

© 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.