New Issue: Credit Suisse prices $1.01 million accelerated barrier notes on Dow, Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Dec. 20 – Credit Suisse AG, London Branch priced $1.01 million of 0% accelerated barrier notes due Dec. 18, 2020 linked to the Dow Jones industrial average and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 250% of the return of the worse performing index.

If either index falls but both indexes finish above the 60% knock-in level, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the worse performing index.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying indexes:	Dow Jones industrial average and Euro Stoxx 50
Amount:	$1.01 million
Maturity:	Dec. 18, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 250% of the return of the worse performing index; if either index falls but both indexes finish above the knock-in level, par; otherwise, investors will be fully exposed to the decline of the worse performing index
Initial index levels:	24,651.74 for Dow and 3,560.53 for Euro Stoxx
Knock-in levels:	14,791.044 for Dow, 2,136.318 for Euro Stoxx, 60% of initial levels
Pricing date:	Dec. 15
Settlement date:	Dec. 20
Agent:	Credit Suisse Securities (USA) LLC
Fees:	2.85%
Cusip:	22550BPS6

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