New Issue: Credit Suisse prices $1.63 million digital buffered notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Oct. 29 – Credit Suisse AG, London Branch priced $1.63 million of 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 18.5%. Otherwise, investors will lose 1% for every 1% that the index declines beyond 20%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital buffered notes
Underlying index:	Russell 2000
Amount:	$1,634,000
Maturity:	May 1, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is at least 80% of initial index level, par plus 18.5%; otherwise, 1% loss for every 1% that index declines beyond 20%
Initial index level:	1,178.716
Pricing date:	Oct. 28
Settlement date:	Oct. 30
Agent:	Credit Suisse Securities (USA) LLC
Fees:	3.25%
Cusip:	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.