By Angela McDaniels
Tacoma, Wash., March 28 - Credit Suisse AG, Nassau Branch priced $1.16 million of 0% buffered accelerated return equity securities due March 31, 2015 linked to an index and two exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the Russell 2000 index with a 50% weight, the iShares MSCI EAFE index fund with a 25% weight and the iShares MSCI Emerging Markets index fund with a 25% weight.
The payout at maturity will be par plus 200% of the basket return if the basket return is positive, subject to a maximum return of 56.5%. Investors will receive par if the basket declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.
Credit Suisse Securities (USA) LLC is the agent.
| Issuer: | Credit Suisse AG, Nassau Branch
|
| Issue: | Buffered accelerated return equity securities
|
| Underlying basket: | Russell 2000 index (50% weight), iShares MSCI EAFE index fund (25% weight) and iShares MSCI Emerging Markets index fund (25% weight)
|
| Amount: | $1.16 million
|
| Maturity: | March 31, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of basket return if basket return is positive, subject to maximum return of 56.5%; par if basket declines by 10% or less; 1% loss for every 1% that basket declines beyond 10%
|
| Initial levels: | 846.13 for Russell 2000; $55.47 for iShares MSCI EAFE; $43.65 for iShares MSCI Emerging Markets
|
| Pricing date: | March 26
|
| Settlement date: | March 29
|
| Agent: | Credit Suisse Securities (USA) LLC
|
| Fees: | 1.5%
|
| Cusip: | 22546TPH8
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