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Credit Suisse to price CS notes linked to RavenPack AIS Balanced
By Sarah Lizee
Olympia, Wash., Jan. 14 – Credit Suisse AG, London Branch plans to price 0% CS notes due Jan. 31, 2024 linked to the Credit Suisse RavenPack AIS Balanced 5% ER index, according to a 424B2 filing with the Securities and Exchange.
The payout at maturity will be par plus at least 136% of any index gain. The exact upside participation rate will 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 Jan. 24.
The Cusip number is 22551NHB5.
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