Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for S&P 500 index > News item |
Credit Suisse plans buffered return equity securities tied to S&P 500
By Susanna Moon
Chicago, Jan. 8 – Credit Suisse AG, London Branch plans to price 0% buffered return equity securities due Aug. 2, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain.
Investors will receive par if the index falls by up to the 10% to 15% buffer and will be exposed to any losses beyond the buffer, with the exact percentage to be set at pricing.
Credit Suisse Securities (USA) LLC is the agent.
The notes are expected to price on Jan. 29 and settle on Feb. 5.
The Cusip number is 22546VSX5.
© 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.