Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers I > Headlines for iShares MSCI Emerging Markets ETF > News item |
Credit Suisse to price PLUS due 2020 linked to iShares MSCI EM ETF
By Sarah Lizee
Olympia, Wash., Sept. 4 – Credit Suisse AG, London Branch plans to price 0% Performance Leveraged Upside Securities due Jan. 3, 2020 linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any fund gain, up to a maximum payment of at least $12 per $10 PLUS. The exact maximum return at maturity will be determined on the pricing date.
Investors will be exposed to any losses.
Credit Suisse Securities (USA) LLC is the agent. Morgan Stanley Smith Barney LLC is distributor.
The notes will price Sept. 28 and settle Oct. 3.
The Cusip number is 22549R292.
© 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.