Published on 9/16/2022 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse sells $1.94 million digital plus notes on Euro Stoxx 50
By Kiku Steinfeld
Chicago, Sept. 16 – Credit Suisse AG, London Branch priced $1.94 million of 0% digital plus notes due Jan. 31, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than or equal to the initial level, the payout at maturity will be par plus the greater of the index return and the digital return amount of 26%.
Investors will be exposed to any losses.
Credit Suisse Securities (USA) LLC is the agent.
Issuer: | Credit Suisse AG, London Branch
|
Issue: | Digital plus notes
|
Underlying index: | Euro Stoxx 50 index
|
Amount: | $9,296,000
|
Maturity: | Jan. 31, 2024
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If the final index level is greater than or equal to initial level, par plus the greater of index return and 26%; otherwise, loss of 1% for every 1% decline
|
Initial level: | 4136.91
|
Pricing date: | Jan. 28, 2022
|
Settlement date: | Feb. 4, 2022
|
Agent: | Credit Suisse Securities (USA) LLC
|
Fees: | 2%
|
Cusip: | 22553PGH6
|
|
© 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.