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Published on 3/9/2016 in the Prospect News Structured Products Daily.

Credit Suisse plans trigger return optimization notes on Euro Stoxx 50

By Devika Patel

Knoxville, Tenn., March 9 – Credit Suisse AG, London Branch, plans to price 0% trigger return optimization securities due March 29, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus double the index return, subject to a maximum return that is expected to be 50% to 54% and will be set at pricing.

If the index return is negative but at least negative 25%, the payout will be par.

Otherwise, investors will have full exposure to the index’s decline.

UBS Financial Services Inc. is the distributor.

The notes (Cusip: 22548J671) are expected to price March 29 and settle March 31.


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