New Issue: Credit Suisse prices $5.38 million Bares linked to Stoxx 50, EAFE ETF

By William Gullotti

Buffalo, N.Y., March 17 – Credit Suisse AG, London Branch priced $5.38 million of 0% Buffered Accelerated Return Equity Securities due March 19, 2024 linked to the lesser performing of the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the lesser-performing underlier’s return is positive, the payout at maturity will be par plus 208% of the lesser-performing underlier’s return.

Investors will receive par if the lesser-performing underlier falls by up to 5% and lose 1% for every 1% decline in the worst performer beyond 5%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying assets:	iShares MSCI EAFE ETF, Euro Stoxx 50 index
Amount:	$5,384,000
Maturity:	March 19, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If lesser-performing underlier return is positive, par plus 208% of that underlier’s; par if lesser-performing underlier falls by up to 5%; 1% loss for every 1% decline in worst performer beyond 5%
Initial levels:	$69.28 for ETF, 3,741.1 for Stoxx
Buffer levels:	$65.816 for ETF, 3,554.045 for Stoxx; 95% of initial levels
Pricing date:	March 14
Settlement date:	March 17
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	0.8%
Cusip:	22553PNC9

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