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Credit Suisse to price digital barrier notes on Euro Stoxx 50 index
New York, May 29 – Credit Suisse AG, London Branch plans to price 0% digital barrier notes due July 1, 2024 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the index finishes at or above its 60% knock-in level, the payout at maturity will be par plus the fixed return of 40% to 50%. The exact fixed payment percentage will be set at pricing.
Otherwise, investors will be fully exposed to any losses of the worse performing asset.
Credit Suisse Securities (USA) LLC is the agent.
The notes will price on June 22 and settle on June 29.
The Cusip number is 22550WW52.
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