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Published on 7/21/2017 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $637,000 three-year Bares linked to the Dow

By Marisa Wong

Morgantown, W.Va., July 21 – Credit Suisse AG, London Branch priced $637,000 of 0% buffered accelerated return equity securities due July 3, 2020 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 102.5% of any index gain.

Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% decline beyond 15%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered accelerated return equity securities
Underlying index:Dow Jones industrial average
Amount:$673,000
Maturity:July 3, 2020
Coupon:0%
Price:Par
Payout at maturity:Par plus 102.5% of any index gain; par if the index falls by up to 15%; 1% loss for each 1% decline beyond 15%
Initial index level:21,349.63
Buffer level:18,147.1855, 85% of initial level
Pricing date:June 30
Settlement date:July 6
Agent:Credit Suisse Securities (USA) LLC
Fees:1.5%
Cusip:22550B6B4

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