| 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 plans buffered accelerated return equity notes on index, ETF basket
By Sarah Lizee
Olympia, Wash., Jan. 17 – Credit Suisse AG, London Branch plans to price 0% buffered accelerated return equity securities due May 5, 2021 linked to an unequally weighted basket of the iShares MSCI Emerging Markets ETF with a 20% weight, the S&P 500 index with a 60% and the Russell 2000 index with a 20% weight, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 150% of any basket gain, capped at par plus 9.25%.
Investors will receive par if the basket falls by up to 10% and will lose 1% for each 1% that the basket falls beyond 10%.
Credit Suisse Securities (USA) LLC is the agent.
The notes will price on Jan. 30.
The Cusip number is 22551NK39.
© 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.