E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/27/2018 in the Prospect News Structured Products Daily.

Credit Suisse plans digital barrier notes linked to UnitedHealth Group

By Susanna Moon

Chicago, Sept. 27 – Credit Suisse AG, London branch plans to price 0% digital barrier notes due Nov. 7, 2019 linked to UnitedHealth Group Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.

If the stock never closes below its 80% knock-in level during the life of the notes, the payout at maturity will be par plus the fixed return of 8.75% to 9.25%.

Otherwise, investors will receive par plus the return with full exposure to any losses.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on Oct. 4 and settle on Oct. 10.

The Cusip number is 22549JXU9.


© 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.