Credit Suisse plans to price CS notes due 2021 linked to S&P, Russell

By Sarah Lizee

Olympia, Wash., Oct. 16 – Credit Suisse AG, London Branch plans to price 0% CS notes due Oct. 28, 2021 linked to the lowest performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any gain of the lesser performing index, capped at par plus 17% to 19%.

If the either index falls or remains flat, the payout will be par.

Credit Suisse Securities (USA) LLC is the agent.

The notes (Cusip: 22551LFK1) will price on Oct. 26 and settle on Oct. 30.

© 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.