Credit Suisse plans 0% Bares due 2014 linked to Russell 2000 index

By Jennifer Chiou

New York, July 19 - Credit Suisse AG, Nassau Branch plans to price 0% Buffered Accelerated Return Equity Securities due Jan. 27, 2014 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is at or above the initial level, the payout at maturity will be par plus the 20% fixed payment.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond 10%.

The notes (Cusip: 22546TWS6) will price on July 24 and settle on July 27.

Credit Suisse Securities (USA) LLC is the underwriter.

© 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.