Published on 7/14/2019 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse sells $8.16 million Target-Term Securities linked to Dow
Chicago, July 15 – Credit Suisse AG, London Branch priced $8.16 million market index Target-Term Securities due June 27, 2025 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange.
The payout at maturity will be par plus any index gain, capped at par plus 41%.
Otherwise, investors will receive par.
The ending value is the average of the five consecutive market days ending June 24, 2025.
Credit Suisse International and BofA Securities, Inc. are the agents.
Issuer: | Credit Suisse AG, London Branch
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Issue: | Market index Target-Term securities
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Underlying index: | Dow Jones industrial average
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Amount: | $8,161,830
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Maturity: | June 27, 2025
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus index return, capped at par plus 41%, floor of par
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Initial level: | 26,526.58
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Pricing date: | June 27
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Settlement date: | July 5
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Agents: | Credit Suisse International and BofA Securities, Inc.
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Fees: | 0.25%
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Cusip: | 22548Y124
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