Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Credit Suisse AG, London Branch > News item |
Credit Suisse plans knock-out notes due 2018 linked to S&P 500
By Wendy Van Sickle
Columbus, Ohio, Oct. 4 – Credit Suisse AG, London Branch plans to price 0% knock-out notes due Jan. 10, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above its 85% threshold level, the payout will be par plus 8.55%
If the index falls by more than the 15% contingent buffer, investors will be fully exposed to any losses.
J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.
The notes will price on Oct. 7 and settle on Oct. 13.
The Cusip number is 22548QKT1.
© 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.