Credit Suisse eyes allocation securities on weighted index basket

Chicago, Feb. 12 – Credit Suisse AG, London Branch plans to price 0% allocation securities due Feb. 29, 2024 linked to a basket of the S&P 500 index, the MSCI EAFE index and the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

The best performing of the indexes will be given a 72.5% to 77.5% weight, the index with the second-best performance will be weighted at 22.5% to 27.5% and the lowest-performing index will not count toward the basket performance.

At maturity, investors will receive a return based on par of $10 multiplied by the allocated basket return.

UBS Financial Services Inc. is the distributor.

The notes will price on Feb. 26 and settle Feb. 28.

The Cusip number is 22549Y651.

© 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.