New Issue: Credit Suisse prices $3.51 million Bares linked to S&P, Dow, Nasdaq

By William Gullotti

Buffalo, N.Y., June 23 – Credit Suisse AG, London Branch priced $3.51 million of 0% Buffered Accelerated Return Equity Securities due June 18, 2027 linked to the performance of the Nasdaq-100 index, the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If each index’s return is positive, the payout at maturity will be par plus 144% of the lesser-performing index’s return. Investors will receive par if the lesser-performing index falls by up to 20% and lose 1% for every 1% decline in the lesser-performing index beyond 20%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying indexes:	Dow Jones industrial average, S&P 500 index, Nasdaq-100 index
Amount:	$3,511,000
Maturity:	June 18, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If each index return is positive, par plus 144% of the lesser-performing index’s return; par if lesser-performing index falls by up to 20%; otherwise, 1% loss for every 1% decline in lesser-performing index beyond 20%
Initial levels:	30,668.53 for Dow, 3,789.99 for S&P, 11,593.77 for Nasdaq
Buffer levels:	24,534.824 for Dow, 3,031.992 for S&P, 9,275.016 for Nasdaq; 80% of initial levels
Strike date:	June 15
Pricing date:	June 16
Settlement date:	June 21
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	0.75%
Cusip:	22553Q5W3

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