New Issue: Credit Suisse sells $2.94 million 14-month ARES linked to S&P 500

By Marisa Wong

Morgantown, W.Va., March 9 – Credit Suisse AG, London Branch priced $2.94 million of 0% Accelerated Return Equity Securities due April 30, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of any index gain, up to an underlying return cap of 12.56%.

Investors will be exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated Return Equity Securities
Underlying index:	S&P 500
Amount:	$2,941,000
Maturity:	April 30, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, up to an underlying return cap of 12.65%; investors will be exposed to any losses
Initial index level:	2,779.60
Pricing date:	Feb. 26
Settlement date:	Feb. 28
Agent:	Credit Suisse Securities (USA) LLC
Fees:	2.35%
Cusip:	22550WF44

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