| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers R > Headlines for Russell 2000 index > News item |
Credit Suisse plans digital plus barrier notes linked to Russell 2000
By Marisa Wong
Madison, Wis., Aug. 3 - Credit Suisse AG, Nassau Branch plans to price 0% digital plus barrier notes due Sept. 1, 2014 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above its initial level, the payout at maturity will be par plus the greater of the index gain and a fixed payment percentage of 11% to 12% that will be set at pricing.
Investors will receive par if the index falls by up to 30% and will be fully exposed to losses from the initial level if the index falls by 30% or more. The exact knock-in buffer level will be determined at pricing.
The notes (Cusip: 22546TXK2) are expected to price Aug. 24 and settle Aug. 31.
Credit Suisse Securities (USA) LLC is the agent.
© 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.