Credit Suisse plans three-year call warrants linked to JPX-Nikkei 400

By Angela McDaniels

Tacoma, Wash., Sept. 30 – Credit Suisse AG, London Branch plans to price call warrants expiring Oct. 5, 2018 linked to the JPX-Nikkei Index 400, according to a 424B2 filing with the Securities and Exchange Commission.

The notional amount is $1,000 per warrant. The price is expected to be $146.50 per warrant, or 14.65% of the notional amount. The minimum purchase requirement is 69 warrants.

The warrants will be automatically exercised on the expiration date. If the index’s final level is greater than the initial index level, the cash settlement amount will be $1,000 multiplied by the index return. If the final level is less than or equal to the initial level, investors will lose their entire initial investments in the warrants.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.

The warrants will price Oct. 2 and settle Oct. 7.

The Cusip number is 22539T357.

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