Credit Suisse plans three-year capped trigger gears linked to S&P 500

By Marisa Wong

Morgantown, W.Va., Sept. 13 – Credit Suisse AG, London Branch plans to price 0% trigger gears due Sept. 30, 2019 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 of $10 plus double any index gain, capped at 31.7% to 36.7%. The exact maximum gain will be set at pricing.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% downside threshold.

UBS Financial Services Inc. is the distributor.

The notes will price on Sept. 27 and settle on Sept. 30.

The Cusip number is 22548T109.

© 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.