E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/2/2019 in the Prospect News Structured Products Daily.

Credit Suisse plans allocation securities on weighted index basket

By Sarah Lizee

Olympia, Wash., April 2 – Credit Suisse AG, London Branch plans to price 0% allocation securities due April 30, 2024 linked to a basket of the S&P 500 index, the MSCI EAFE index and the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

The best performing of the indexes will be given a 95% to 100% weight, the index with the second-best performance will be weighted at 0% to 5% and the lowest-performing index will not count toward the basket performance.

At maturity, investors will receive a return based on par of $10 multiplied by the allocated basket return.

UBS Financial Services Inc. is the distributor.

The notes will price on April 26.

The Cusip number is 22550F187.


© 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.