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Credit Suisse plans to price buffered return notes linked to MSCI EAFE
By Angela McDaniels
Tacoma, Wash., Jan. 6 – Credit Suisse AG, London Branch plans to price 0% buffered return equity securities due May 11, 2017 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return, subject to a cap that is expected to be at least 14.5% and will be set at pricing. If the index declines by 12% or less, the payout will be par. Otherwise, investors will lose 1% for every 1% that the index declines beyond 12%.
Credit Suisse Securities (USA) LLC is the agent.
The notes will price Jan. 7.
The Cusip number is 22546VU61.
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