Published on 6/25/2013 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse prices $1.09 million return enhanced notes tied to Euro Stoxx 50
By Susanna Moon
Chicago, June 25 - Credit Suisse AG, Nassau Branch priced $1.09 million of 0% return enhanced notes due June 26, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 2.2 times any index gain.
Investors will be exposed to any losses.
J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the placement agents.
Issuer: | Credit Suisse AG, Nassau Branch
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Issue: | Return enhanced notes
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Underlying index: | Euro Stoxx 50
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Amount: | $1.09 million
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Maturity: | June 26, 2018
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 220% of any index gain; exposure to any losses
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Initial level: | 2,549.48
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Pricing date: | June 21
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Settlement date: | June 26
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Agents: | J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
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Fees: | 3%
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Cusip: | 22547Q4Q6
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