Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Credit Suisse AG > News item |
Credit Suisse amends maturity for accelerated barrier notes on the Dow
By Marisa Wong
Madison, Wis., Nov. 1 - Credit Suisse AG amended the maturity date of its upcoming 0% accelerated barrier notes linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will mature on Dec. 4, 2017. A previous 424B2 filing stated the maturity date as Dec. 4, 2019.
If the index finishes at or above its initial level, the payout at maturity will be par plus 130% to 135% of the index return. The exact participation rate will be set at pricing.
Investors will receive par if the index falls by less than 30% and will be fully exposed to losses if it falls to or below the 70% knock-in level.
Credit Suisse Securities (USA) LLC is the agent.
The notes (Cusip: 22547QCY0) will price Nov. 27 and settle Dec. 3.
© 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.