New Issue: Credit Suisse prices $4.86 million 15-month PLUS linked to Topix

By Marisa Wong

Morgantown, W.Va., June 5 – Credit Suisse AG, London Branch priced $4.86 million of 0% Performance Leveraged Upside Securities due Sept. 5, 2019 linked to the Tokyo Stock Price index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 3 times any index gain, capped at $12.10 per PLUS.

Investors will be fully exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent, with Morgan Stanley Wealth Management as distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Performance Leveraged Upside Securities
Underlying index:	Tokyo Stock Price index
Amount:	$4,864,500
Maturity:	Sept. 5, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at $12.10 per PLUS; full exposure to losses
Initial level:	1,747.45
Pricing date:	May 31
Settlement date:	June 5
Agent:	Credit Suisse Securities (USA) LLC
Distributor:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	22549M525

© 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.