New Issue: Credit Suisse prices $348,500 PLUS linked to Euro Stoxx 50 index

By Kiku Steinfeld

Chicago, Oct. 26 – Credit Suisse AG, London Branch priced $348,500 of 0% Performance Leveraged Upside Securities due Feb. 3, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 15.5%. If the index return is negative, investors will be exposed to the decline.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Smith Barney LLC acting as distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$348,500
Maturity:	Feb. 3, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 300% of index return, subject to 15.5% maximum return; full exposure to any index decline
Initial level:	3,245.47
Pricing date:	Oct. 16
Settlement date:	Oct. 21
Agent:	Credit Suisse Securities (USA) LLC
Dealer:	Morgan Stanley Smith Barney LLC
Barney LLC Fees:	2.25%
Cusip:	22550X667

© 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.