New Issue: Credit Suisse sells $884,000 buffered accelerated return notes on Dow, S&P

By Wendy Van Sickle

Columbus, Ohio, March 12 – Credit Suisse AG, London Branch priced $884,000 of 0% buffered accelerated return equity securities due March 10, 2025 linked to the lesser performing of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the laggard index return is positive, the payout at maturity will be par plus 123% of the laggard index return.

Investors will receive par if the laggard index falls by 25% or less and will lose 1% for every 1% decline of that index beyond 25%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered accelerated return equity securities
Underlying indexes:	Dow Jones industrial average and S&P 500 index
Amount:	$884,000
Maturity:	March 10, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If laggard index return is positive, par plus 123% of laggard index return; par if laggard index declines by 25% or less; 1% loss for every 1% laggard index declines beyond 25%
Initial index levels:	26,121.28 for Dow, 3,023.94 for S&P
Buffer levels:	19,590.96 for Dow, 2,267.955 for S&P, 75% of initial levels
Pricing date:	March 5
Settlement date:	March 10
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	1.075%
Cusip:	22551NSUI

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