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Credit Suisse plans to price PLUS due 2018 linked to Russell 2000
By Susanna Moon
Chicago, Dec. 6 – Credit Suisse AG, London Branch plans to price 0% Performance Leveraged Upside Securities due April 4, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 300% of any index gain, up to a maximum return of 19.5%.
Investors will be exposed to any losses.
Credit Suisse Securities (USA) LLC is the agent. Morgan Stanley Wealth Management is distributor.
The notes will price on Dec. 14 and settle on Dec. 19.
The Cusip number is 22548T737.
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