New Issue: Credit Suisse prices $759,000 Bares linked to energy fund

By Wendy Van Sickle

Columbus, Ohio, May 5 – Credit Suisse AG, London Branch priced $759,000 of 0% Buffered Accelerated Return Equity Securities due May 7, 2019 linked to the Energy Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus 200% of the ETF return, capped at 25.7%. Investors will receive par if the ETF falls by up to 10% and lose 1% for every 1% decline in the ETF beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying ETF:	Energy Select Sector SPDR Fund
Amount:	$759,000
Maturity:	May 7, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If ETF return is positive, par plus 200% of ETF gain up to 25.7% cap; par if ETF falls by up to 10%; 1% loss for every 1% decline in ETF beyond 10%
Initial share price:	$67.31
Pricing date:	May 2
Settlement date:	May 5
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	0.55%
Cusip:	22550B3R2

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