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Prospect News home > News index > List of issuers C > Headlines for Credit Suisse AG, Nassau Branch > News item |
Credit Suisse plans CS notes linked to CS Retiree Consumer index
By Marisa Wong
Morgantown, W.Va., April 7 – Credit Suisse AG, Nassau Branch plans to price 0% CS notes due April 29, 2021 linked to the CS Retiree Consumer Expenditure 5% Blended Index Excess Return, according to a 424B2 filing with the Securities and Exchange.
The payout at maturity will be par plus 145% to 155% times any index gain, with the exact participation rate to be set at pricing.
If the index falls, the payout will be par.
Credit Suisse Securities (USA) LLC is the agent.
The notes will price on April 22.
The Cusip number is 22548Q2B0.
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