E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/6/2016 in the Prospect News Structured Products Daily.

Credit Suisse to price callable yield notes on S&P 500, Russell 2000

By Wendy Van Sickle

Columbus, Ohio, April 6 – Credit Suisse AG, London Branch plans to price 5.5% callable yield notes due April 22, 2019 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes will be callable at par on any coupon payment date.

The payout at maturity will be par unless either index closes below its 65% knock-in level, in which case investors will be fully exposed to the loss of the worse performing index.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on April 13 and settle on April 20.

The Cusip number is 22548Q3K9.


© 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.