Published on 8/22/2023 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse sells $560,000 CS notes on S&P, Nasdaq
Chicago, Aug. 22 – Credit Suisse AG, London Branch priced $560,000 of 0% CS notes due Aug. 14, 2024 linked to the lowest performing of the S&P 500 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.
If each index finishes at or above its initial level, the payout at maturity will be par plus 13.95%.
Otherwise, investors will receive par.
Credit Suisse Securities (USA) LLC is the agent.
Issuer: | Credit Suisse AG, London Branch
|
Issue: | CS notes
|
Underlying indexes: | S&P 500 index, Nasdaq-100 index
|
Amount: | $560,000
|
Maturity: | Aug. 14, 2024
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If each index finishes at or above its initial level, par plus 13.95%; otherwise, par
|
Initial index levels: | 4122.47 for S&P, 13008.17 for Nasdaq
|
Pricing date: | Aug. 9, 2022
|
Settlement date: | Aug. 12, 2022
|
Agent: | Credit Suisse Securities (USA) LLC
|
Fees: | 0.7%
|
Cusip: | 22553QGC5
|
|
© 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.