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Credit Suisse plans market-linked notes due 2023 tied to S&P 500
By Susanna Moon
Chicago, Oct. 16 – Credit Suisse AG, Nassau branch plans to price 0% market-linked notes due April 28, 2023 linked to the S&P 500 index, according to an FWP filed with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, up to a cap of 45% to 5%.
Investors will be exposed to any losses.
Credit Suisse Securities (USA) LLC and UBS Financial Services Inc. are the agents.
The notes will price on Oct. 26 and settle on Oct. 31.
The Cusip number is 22549D319.
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