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Credit Suisse plans five-year return enhanced notes linked to S&P 500
By Angela McDaniels
Tacoma, Wash., April 16 - Credit Suisse AG, Nassau Branch plans to price 0% return enhanced notes due April 25, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 1.68 times the index return. If the index return is negative, investors will be fully exposed to the decline.
J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.
The notes are expected to price April 19 and settle April 25.
The Cusip number is 22546T5S6.
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