Published on 3/28/2023 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse prices $1.19 million CS notes linked to S&P 500
By Wendy Van Sickle
Columbus, Ohio, March 28 – Credit Suisse AG, London Branch priced $1.19 million of 0% CS notes due Feb. 5, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange.
The payout at maturity will be par plus 1.5 times any positive return of the index, up to a maximum payout of par plus 10%.
Otherwise, investors will receive par.
Credit Suisse Securities (USA) LLC is the agent.
Issuer: | Credit Suisse AG, London Branch
|
Issue: | CS notes
|
Underlying index: | S&P 500 index
|
Amount: | $1.19 million
|
Maturity: | Feb. 5, 2024
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 1.5 times any positive return of the index, up to maximum of par plus 10%; otherwise, par
|
Initial level: | 4,076.6
|
Pricing date: | Jan. 31
|
Settlement date: | Feb. 3
|
Agent: | Credit Suisse Securities (USA) LLC
|
Fees: | 1%
|
Cusip: | 22553QPS0
|
|
© 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.