Published on 7/12/2018 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse sells $2.08 million CS notes tied to Euro Stoxx 50 index
By Sarah Lizee
Olympia, Wash., July 12 – Credit Suisse AG, London Branch priced $2.08 million of CS notes due July 2, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange.
The payout at maturity will be par plus 102.5% of any index gain.
Investors will receive par if the index declines or remains flat.
Credit Suisse Securities (USA) LLC is the agent.
| Issuer: | Credit Suisse AG, London Branch
|
| Issue: | CS notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $2,081,000
|
| Maturity: | July 2, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 102.5% of any index gain; par if index is flat or declines
|
| Initial level: | 3,395.60
|
| Pricing date: | June 29
|
| Settlement date: | July 5
|
| Agent: | Credit Suisse Securities (USA) LLC
|
| Fees: | 1.05%
|
| Cusip: | 22550WVQ7
|
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