New Issue: Credit Suisse prices $851,000 0% Bares tied to iShares MSCI EM fund

By Jennifer Chiou

New York, Oct. 25 - Credit Suisse AG, Nassau Branch priced $851,000 of 0% Buffered Accelerated Return Equity Securities due Oct. 29, 2012 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the final fund level is greater than the initial fund level, the payout at maturity will be par plus 200% of the gain, capped at 19.35%.

If the fund share price declines by 10% or less, the payout will be par. Investors will be exposed to any fund decline beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying index fund:	iShares MSCI Emerging Markets
Amount:	$851,000
Maturity:	Oct. 29, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	If final fund level is greater than initial level, par plus 200% of gain, capped at 19.35%; investors share in losses beyond 10%
Initial share price:	$46.01
Pricing date:	Oct. 22
Settlement date:	Oct. 29
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.85%
Cusip:	22546EB60

© 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.