New Issue: Credit Suisse prices $500,000 accelerated barrier notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Feb. 19 - Credit Suisse AG, London Branch priced $500,000 of 0% accelerated barrier notes due Feb. 22, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 103% of the index return. If the final index level is less than the initial level but greater than the knock-in level, 57% of the initial level, the payout will be par. Investors will be fully exposed to losses from the initial level if the final index level is less than or equal to the knock-in level.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying index:	S&P 500
Amount:	$500,000
Maturity:	Feb. 22, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to initial index level, par plus 103% of index return; if final index level is less than initial level but greater than knock-in level, par; full exposure to losses from initial level if final index level is less than or equal to knock-in level
Initial index level:	1,838.63
Knock-in level:	1,048.0191, 57% of initial level
Pricing date:	Feb. 14
Settlement date:	Feb. 24
Underwriters:	Credit Suisse Securities (USA) LLC
Fees:	3.3%
Cusip:	22547QJ31

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