Credit Suisse plans accelerated barrier notes on Euro Stoxx, EM ETF

By Toni Weeks

San Luis Obispo, Calif., March 24 - Credit Suisse AG plans to price 0% accelerated barrier notes due April 13, 2018 linked to the Euro Stoxx 50 index and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of the lowest-performing underlying component is greater than or equal to its initial level, the payout at maturity will be par plus 225% to 235% of the component return. If the final level of the lowest-performing component is less than the initial level but greater than the knock-in level, the payout will be par. Investors will be fully exposed to losses from the initial level if the lowest-performing underlying component falls to or below the knock-in level.

The knock-in level is expected to be 60% of the initial level. The exact knock-in level and upside participation rate will be set at pricing.

Credit Suisse Securities (USA) LLC is the underwriter.

The notes are expected to price April 10 and settle April 14.

The Cusip number is 22547QL38.

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