New Issue: Credit Suisse prices $324,000 Bares linked to iShares MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., Dec. 13 – Credit Suisse AG, London Branch priced $324,000 of 0% buffered accelerated return equity securities due Dec. 31, 2020 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is greater than or equal to the initial share price, the payout at maturity will be par plus 200% of the ETF’s return, subject to a maximum return of 11.5%. Investors will receive par if the ETF declines by up to 10% and will lose 1% for every 1% that it declines beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying ETF:	iShares MSCI Emerging Markets ETF
Amount:	$324,000
Maturity:	Dec. 31, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If final share price is greater than or equal to initial share price, par plus 200% of ETF’s return, subject to maximum return of 11.5%; par if ETF declines by up to 10%; 1% loss for every 1% that ETF declines beyond 10%
Initial share price:	$43.22
Buffer level:	$38.898, or 90% of initial level
Pricing date:	Nov. 27
Settlement date:	Dec. 3
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.75%
Cusip:	22551N5G7

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