Credit Suisse plans 0% accelerated return notes linked to Russell 2000

By Susanna Moon

Chicago, May 7 - Credit Suisse AG, Nassau Branch plans to price 0% accelerated return notes due May 29, 2015 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus at least 115% of any index gain, with the exact participation rate to be set at pricing.

Investors will receive par if the index falls by up to 37% and will be fully exposed to any losses if the index finishes below the 63% knock-in level.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on May 24 and settle on May 29.

The Cusip number is 22546TTK7.

© 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.