Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Credit Suisse AG, Nassau Branch > News item |
Credit Suisse plans dual direction buffered return enhanced notes linked to S&P 500 via JPMorgan
By Jennifer Chiou
New York, Aug. 12 - Credit Suisse, Nassau branch plans to price 0% dual direction buffered return enhanced notes due Sept. 3, 2009 linked to the S&P 500 index via J.P. Morgan Securities Inc. and JPMorgan Chase Bank, NA, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus double the index return, capped at 12.75%. Investors will receive par for losses up to 10% and will share in losses at a rate of 1.1111% per 1% drop beyond 10%.
The notes are expected to price on Aug. 15 and settle on Aug. 20.
© 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.