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 leveraged buffered notes linked to MSCI EAFE
By Jennifer Chiou
New York, May 2 - Credit Suisse AG, Nassau Branch plans to price 0% leveraged buffered notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will mature between 24 and 27 months after pricing. The exact deal terms will be set at pricing.
The payout at maturity will be par plus two times any index gain, up to a maximum settlement amount of $1,175 to $1,220 per $1,000 principal amount.
Investors will receive par if the index falls by up to 10% and will lose 1.111111% for each 1% decline beyond 10%.
The notes (Cusip: 22546T7K1) are expected to price and settle in May.
Credit Suisse Securities (USA) LLC is the underwriter.
© 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.