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Prospect News home > News index > List of issuers C > Headlines for Credit Suisse AG, London Branch > News item |
Credit Suisse plans capped gears due 2019 linked to iShares MSCI EM
By Sarah Lizee
Olympia, Wash., June 5 – Credit Suisse AG, London Branch plans to price 0% capped gears due Aug. 30, 2019 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any fund gain, up to a maximum payout of 17% to 18.6%, with the exact cap to be set at pricing.
Investors will be exposed to any losses if the fund declines from its initial level.
UBS Financial Services Inc. is the agent.
The notes (Cusip: 22549M657) are expected to price on June 26 and settle on June 29.
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