US Wrap: Credit Suisse gears up participation in growth notes

Credit Suisse has launched two new growth notes linked to US domestic equity indexes with geared participation rates. The notes offer 200% participation in either the Russell 2000 or the S&P 500 index, with a capped upside.

Both notes last 18 months and incorporate a 10% downside buffer to protect investor capital. A slightly higher upside cap of 20–24% (the exact level will be set at pricing) is available on the Russell 2000-linked product, compared with 12.5–16.5% for the S&P 500-linked invest