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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.
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