New Issue: Credit Suisse prices $22.58 million leveraged buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Sept. 20 – Credit Suisse AG, London Branch priced $22.58 million of 0% leveraged buffered notes due July 19, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 140% of the gain, subject to a maximum settlement amount of $1,247.80 for each $1,000 principal amount. Investors will receive par if the index falls by 12.5% or less and lose 1.1429% for every 1% the index may decline beyond 12.5%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged buffered notes
Underlying index:	S&P 500
Amount:	$22,583,000
Maturity:	July 19, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 140% of gain, subject to 24.78% maximum return; par if index falls by up to 12.5%; 1.1429% loss for every 1% that index may decline beyond 12.5%
Initial index level:	2,139.16
Pricing date:	Sept. 16
Settlement date:	Sept. 23
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22548QHG3

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