By Angela McDaniels
Tacoma, Wash., Dec. 30 - Credit Suisse AG, Nassau Branch priced $459,000 of 0% Buffered Accelerated Return Equity Securities due June 30, 2016 linked to the CS/RT Emerging Infrastructure Index Powered by HOLT, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return if the final index level is greater than or equal to the initial index level. Investors will receive par if the index declines by 20% or less and will lose 1% for every 1% that it declines beyond 20%.
The index includes the stocks of 50 equally weighted exchange-listed emerging infrastructure-related companies.
Credit Suisse Securities (USA) LLC is the underwriter.
| Issuer: | Credit Suisse AG, Nassau Branch
|
| Issue: | Buffered Accelerated Return Equity Securities
|
| Underlying index: | CS/RT Emerging Infrastructure Index Powered by Holt
|
| Amount: | $459,000
|
| Maturity: | June 30, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain; par if index declines by 20% or less; 1% loss for every 1% decline beyond 20%
|
| Initial index level: | 729.72
|
| Pricing date: | Dec. 28
|
| Settlement date: | Dec. 31
|
| Underwriter: | Credit Suisse Securities (USA) LLC
|
| Fees: | 3.5%
|
| Cusip: | 22546EL51
|
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