New Issue: Credit Suisse prices $175,000 buffered notes linked to EOG Resources

By Angela McDaniels

Tacoma, Wash., March 19 – Credit Suisse AG, London Branch priced $175,000 of 0% buffered notes due April 1, 2020 linked to the common stock of EOG Resources, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is greater than or equal to the buffer level, 85% of the initial share price, the payout at maturity will be par plus 12.1%.

If the final share price is less than the buffer level, the payout will be a number of EOG Resources shares equal to $1,000 divided by the buffer level.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered notes
Underlying stock:	EOG Resources, Inc. (Symbol: EOG)
Amount:	$175,000
Maturity:	April 1, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If final share price is greater than or equal to buffer level, par plus 12.1%; if final share price is less than buffer level, 13.2415 EOG Resources shares
Initial share price:	$88.85
Buffer level:	$75.52, 85% of initial share price
Final share price:	Average of stock’s closing share prices on five trading days ending March 27, 2020
Pricing date:	March 15
Settlement date:	March 20
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	1%
Cusip:	22549JG87

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