By Susanna Moon
Chicago, Nov. 29 - Credit Suisse AG, Nassau Branch priced $858,000 of 0% Buffered Accelerated Return Equity Securities due May 31, 2016 based on the performance of the CS/RT Emerging Infrastructure index powered by HOLT, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain.
Investors will receive par if the index falls by up to 20% and will be exposed to losses beyond 20%.
Credit Suisse Securities (USA) LLC is the underwriter.
Issuer: | Credit Suisse AG, Nassau Branch
|
Issue: | Buffered Accelerated Return Equity Securities
|
Underlying index: | CS/RT Emerging Infrastructure index powered by HOLT
|
Amount: | $858,000
|
Maturity: | May 31, 2016
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus index gain; share in losses beyond 20%
|
Initial level: | 691.78
|
Pricing date: | Nov. 23
|
Settlement date: | Nov. 30
|
Underwriter: | Credit Suisse Securities (USA) LLC
|
Fees: | 3.5%
|
Cusip: | 22546EYR9
|
© 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.