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Published on 10/4/2019 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $190,000 Bares linked to the Dow

By Wendy Van Sickle

Columbus, Ohio, Oct. 4 – Credit Suisse AG, London Branch priced $190,000 of 0% Buffered Accelerated Return Equity Securities due Oct. 5, 2022 linked 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 125% of the index return, subject to a maximum return of 30%. Investors will receive par if the index falls by up to 20% and lose 1% for every 1% that the index declines beyond 20%.

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:$190,000
Maturity:Oct. 5, 2022
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 125% of index return, up to 30% maximum return; par if index falls by up to 20%; 1% loss for every 1% index declines beyond 20%
Initial level:26,916.83
Buffer level:21,533.464, or 80% of initial level
Pricing date:Sept. 30
Settlement date:Oct. 3
Agent:Credit Suisse Securities (USA) LLC
Fees:0.8%
Cusip:22552FWB4

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