New Issue: Credit Suisse sells $2.35 million leveraged buffered notes linked to MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, Aug. 6 – Credit Suisse AG, London Branch priced $2.35 million of 0% leveraged buffered notes due Dec. 26, 2020 tied to the MSCI EAFE 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 1.5 times the index return, up to a maximum settlement amount of $1,174.45 per $1000 face amount of notes.

If the index return is negative but not less than negative 10%, the payout will be par.

Investors will lose 1% for every 1% decline in the index beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged buffered index-linked notes
Underlying index:	MSCI EAFE
Amount:	$2,353,000
Maturity:	Dec. 6, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 1.5 times index return up to maximum settlement amount of $1,174.45 per $1,000 face amount of notes; if index return is negative but not less than negative 10%, par; 1% loss for every 1% decline in the index beyond 10%
Initial index level:	1,897.12
Buffer level:	90% of initial value
Pricing date:	July 31
Settlement date:	Aug. 7
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22552FPS5

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