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Credit Suisse plans to price floating-rate securities linked to CPI
By Emma Trincal
New York, March 15 – Credit Suisse AG, London Branch plans to price floating-rate securities due March 31, 2026 linked to the Consumer Price Index, according to a 424B3 filing with the Securities and Exchange Commission.
Interest is equal to the year-over-year change in the Consumer Price Index plus 3% per annum subject to a minimum of 3%.
Interest is payable monthly.
The payout at maturity will be par plus any interest.
InspereX LLC is the placement agent.
The notes will price on March 29 and settle on March 31.
The Cusip number is 22553QRP4.
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