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 1/10/2019 in the Prospect News Structured Products Daily.

Credit Suisse plans three-year capped trigger gears tied to Russell

By Susanna Moon

Chicago, Jan. 10 – Credit Suisse AG, London Branch plans to price 0% trigger gears due Jan. 31, 2022 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2 times any index gain, up to a maximum return of between 36.6% and 39.6%.

If the index falls by up to 25%, the payout will be par.

If the index finishes below the 75% downside threshold, investors will lose 1% for every 1% decline.

UBS Financial Services Inc. is the distributor.

The notes will price on Jan. 28 and settle on Jan. 31.

The Cusip number is 22549Y453.


© 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.