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Prospect News home > News index > List of issuers C > Headlines for Credit Suisse AG, London Branch > News item |
Credit Suisse to price digital buffered notes linked to Russell 2000
By Toni Weeks
San Luis Obispo, Calif., Aug. 5 – Credit Suisse AG, London Branch plans to price 0% digital buffered notes due March 1, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above its initial level, the payout at maturity will be par plus the fixed return of 17% to 20%. The exact percentage will be set at pricing.
Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond 20%.
Credit Suisse Securities (USA) LLC is the agent.
The notes (Cusip: 22546VH25) will price Aug. 27 and settle Aug. 31.
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