Published on 3/26/2013 in the Prospect News Structured Products Daily.
New Issue: Credit Suisse sells $1.33 million return enhanced notes tied to S&P 500
By Susanna Moon
Chicago, March 26 - Credit Suisse AG, Nassau Branch priced $1.33 million of 0% return enhanced notes due March 27, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.71 times any index gain.
Investors will be exposed to any losses.
J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the placement agents.
| Issuer: | Credit Suisse AG, Nassau Branch
|
| Issue: | Return enhanced notes
|
| Underlying index: | S&P 500
|
| Amount: | $1,328,000
|
| Maturity: | March 27, 2018
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 171% of any index gain; exposure to any losses
|
| Initial level: | 1,556.89
|
| Pricing date: | March 22
|
| Settlement date: | March 27
|
| Agents: | J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
|
| Fees: | 3%
|
| Cusip: | 22546T4D0
|
© 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.
