Credit Suisse plans one-year knock-out notes tied to Halliburton

By Susanna Moon

Chicago, Oct. 11 – Credit Suisse AG, London Branch plans to price 0% knock-out notes due Oct. 30, 2019 linked to Halliburton Co. stock, according to a 424B2 filing with the Securities and Exchange Commission.

If the stock finishes at or above its 90% knock-out level, the payout at maturity will be $1,160 per $1,000 principal amount.

If the stock falls by more than 10%, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.

The notes will price on Oct. 12.

The Cusip number is 22549JYL8.

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