| 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 to price digital buffered notes linked to Russell 2000
By Angela McDaniels
Tacoma, Wash., Oct. 1 – Credit Suisse AG, London Branch plans to price 0% digital buffered notes due May 1, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is at least 80% of the initial index level, the payout at maturity will be par plus the fixed payment percentage, which is expected to be 18% to 21% and will be set at pricing. Otherwise, investors will lose 1% for every 1% that the index declines beyond 20%.
Credit Suisse Securities (USA) LLC is the agent.
The notes will price Oct. 28 and settle Oct. 30.
The Cusip number is 22546VMX1.
© 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.