New Issue: Credit Suisse prices $481,000 PLUS linked to Euro Stoxx 50 index

By Wendy Van Sickle

Columbus, Ohio, July 19 – Credit Suisse AG, London Branch priced $481,000 of 0% Performance Leveraged Upside Securities due Nov. 3, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 23%. If the index return is negative, investors will be exposed to the decline.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Wealth Management acting as distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$481,000
Maturity:	Nov. 3, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 300% of index return, subject to 23% maximum return; full exposure to any index decline
Initial level:	2,958.65
Pricing date:	July 15
Settlement date:	July 20
Agent:	Credit Suisse Securities (USA) LLC
Dealer:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	22548R665

© 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.