Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers D > Headlines for Dow Jones Industrial Average > News item |
Credit Suisse to price buffered capped participation notes on the Dow
By Toni Weeks
San Luis Obispo, Calif., Dec. 4 – Credit Suisse AG plans to price 0% buffered capped participation notes due December 2018 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
BofA Merrill Lynch is the agent.
The payout at maturity will be par plus any index gain, subject to a maximum return of 22% to 32% that will be set at pricing.
Investors will receive par if the index falls by up to 23% and will lose 1% for every 1% decline beyond the 23% buffer level.
The final index level will be the average of the closing index levels on the five trading days shortly before maturity.
The notes will price and settle in December.
© 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.