New Issue: Credit Suisse sells $340,000 Bares due 2020 linked to the Dow

By Marisa Wong

Morgantown, W.Va., Aug. 9 – Credit Suisse AG, London Branch priced $340,000 of 0% Buffered Accelerated Return Equity Securities due Feb. 5, 2020 tied to the Dow Jones industrial average, 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 102.5% of the index return. Investors will receive par if the index falls by up to 10% and lose 1% for every 1% decline in the index beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying index:	Dow Jones industrial average
Amount:	$340,000
Maturity:	Feb. 5, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 102.5% of the index return; par if index falls by up to 10%; 1% loss for every 1% decline in the index beyond 10%
Initial index level:	21,891.12
Buffer level:	19,702.008, 90% of initial level
Pricing date:	July 31
Settlement date:	Aug. 3
Underwriters:	Credit Suisse Securities (USA) LLC
Fees:	1.25%
Cusip:	22550BBV4

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