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Credit Suisse plans trigger return optimization notes on Euro Stoxx
By Marisa Wong
Morgantown, W.Va., Sept. 3 – Credit Suisse AG, London Branch plans to price 0% trigger return optimization securities due Sept. 10, 2018 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $10 plus two times the index return, subject to a maximum return that is expected to be 67% to 71% and will be set at pricing.
If the index return is negative but at least negative 25%, the payout will be par.
Otherwise, investors will have full exposure to the index’s decline.
UBS Financial Services Inc. is the distributor.
The notes will price Sept. 4 and settle Sept. 10.
The Cusip number is 22548F620.
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