By Susanna Moon
Chicago, Aug. 20 - Credit Suisse AG, London Branch priced $2.1 million of 0% buffered index-linked notes due May 26, 2016 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, up to a maximum payment of $1,221 per $1,000 principal amount of notes.
Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.
Credit Suisse Securities (USA) LLC is the agent.
| Issuer: | Credit Suisse AG, London Branch
|
| Issue: | Buffered notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $2.1 million
|
| Maturity: | May 26, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain, capped at 22.1%; par if index falls by up to 20%; 1.25% loss per 1% drop beyond 20%
|
| Initial index level: | 1,732.71
|
| Pricing date: | Aug. 21
|
| Settlement date: | Aug. 28
|
| Underwriter: | Credit Suisse Securities (USA) LLC
|
| Fees: | 2.7%
|
| Cusip: | 22547QA71
|
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