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Credit Suisse plans accelerated barrier notes on index basket
By Emma Trincal
New York, June 18 – Credit Suisse AG, London Branch plans to price 0% accelerated barrier notes due July 7, 2025 linked to an equally-weighted basket of indexes including the Euro Stoxx 50 index, the MSCI Emerging Markets index and the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
If the basket finishes at or above its initial level, the payout at maturity will be par plus 135% of the basket return.
If the basket falls by up to 30%, the payout will be par.
Otherwise, investors will be fully exposed to the basket decline.
Credit Suisse Securities (USA) LLC is the agent.
The notes will price June 30.
The Cusip number is 22552WA39.
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