Published on 8/1/2019 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse sells $226,000 CS notes on Stoxx 50
By Wendy Van Sickle
Columbus, Ohio, Aug. 1 – Credit Suisse AG, London Branch priced $226,000 of 0% CS notes due Aug. 3, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange.
If the index finishes above its initial level, the payout at maturity will be par plus the index gain.
If the index finishes flat or falls, investors will receive par.
Credit Suisse Securities (USA) LLC is the agent.
Issuer: | Credit Suisse AG, London Branch
|
Issue: | CS notes
|
Underlying index: | Euro Stoxx 50
|
Amount: | $226,000
|
Maturity: | Aug. 3, 2023
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If the index finishes above its initial level, par plus the index gain; otherwise, par
|
Initial level: | 3,523.58
|
Pricing date: | July 29
|
Settlement date: | Aug. 1
|
Agent: | Credit Suisse Securities (USA) LLC
|
Fees: | 1.4%
|
Cusip: | 22552FMC3
|
|
© 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.