Credit Suisse plans leveraged buffered notes linked to MSCI EAFE

By Susanna Moon

Chicago, May 8 - Credit Suisse AG, Nassau Branch plans to price 0% leveraged buffered notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature between 21 and 24 months after pricing. The exact deal terms will be set at pricing.

The payout at maturity will be par plus 130% times any index gain, up to a maximum settlement amount of $1,188.50 to $1,214.50 per $1,000 principal amount.

Investors will receive par if the index falls by up to 12.5% and will be exposed to any decline beyond 12.5%.

Credit Suisse Securities (USA) LLC is the underwriter.

The notes will price and settle in May.

The Cusip number is 22547Q2M7.

© 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.