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Published on 7/21/2014 in the Prospect News Structured Products Daily.

Credit Suisse to price two-year Bares linked to Vanguard REIT ETF

By Susanna Moon

Chicago, July 21 – Credit Suisse AG plans to price 0% Buffered Accelerated Return Equity Securities due July 28, 2016 linked to the Vanguard REIT exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 175% of any fund gain.

Investors will receive par if the fund falls by 10% or less and will lose 1.1111% for every 1% decline beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

The notes will price on July 23 and settle on July 28.

The Cusip number is 22547QQT6.


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