New Issue: Credit Suisse sells $3.63 million buffered ARES on Stoxx, EAFE ETF

By Kiku Steinfeld

Chicago, Nov. 15 – Credit Suisse AG, London Branch priced $3.63 million of 0% buffered accelerated return equity securities due Nov. 1, 2024 linked to the least performing of the iShares MSCI EAFE exchange-traded fund and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each asset finishes at or above its initial level, the payout at maturity will be par plus 1.9 times the return of the least-performing asset.

Investors will receive par if the least-performing asset falls by 10% or less and will lose 1% for every 1% that the worst performer declines beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered accelerated return equity securities
Underlying assets:	iShares MSCI EAFE ETF and Euro Stoxx 50 index
Amount:	$3,626,000
Maturity:	Nov. 1, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each asset finishes at or above initial level, par plus 1.9 times return of worst performing asset; par if worst performer falls by 10% or less; otherwise, 1% for every 1% that worst performer declines beyond 10%
Initial levels:	$80.49 for ETF, 4,250.56 for index
Buffer levels:	$72.441 for ETF, 3,825.504 for index, 90% of initial levels
Pricing date:	Oct. 29
Settlement date:	Nov. 2
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.5%
Cusip:	22552XX40

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