| 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 9.1% autocallable yield notes tied to S&P, Russell
By Tali Rackner
Minneapolis, Feb. 16 – Credit Suisse AG, London Branch plans to price 9.1% autocallable yield notes due May 23, 2019 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable monthly.
The notes are will be called if each index finishes at or above its initial level on Aug. 20, 2018, Nov. 19, 2018 or Feb. 20, 2019.
If the notes are not called, the payout at maturity will be par unless either index has finished below its 75% knock-in level on any day during the life of the notes, in which case investors will lose 1% for each 1% decline of the lesser-performing index from its initial level.
Credit Suisse Securities (USA) LLC is the agent.
The notes will price on Feb. 20 and settle on Feb. 23.
The Cusip number is 22550WE78.
© 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.