New Issue: Credit Suisse prices $4.4 million absolute return barrier notes on Euro Stoxx 50

By Marisa Wong

Madison, Wis., April 21 - Credit Suisse AG, London Branch priced $4.4 million of 0% absolute return barrier notes due April 24, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the initial index level, the payout at maturity will be par plus 138% of the index return.

If the index finishes above the 60% knock-out level, the payout will be par plus the absolute value of the index return, up to a maximum return of $1,399.99 for each $1,000 principal amount.

Otherwise, investors will be fully exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Absolute return barrier notes
Underlying index:	Euro Stoxx 50
Amount:	$4,397,000
Maturity:	April 24, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus 138% of return; if return is negative but index finishes above knock-out level, par plus the absolute value of the return, capped at 39.999%; otherwise, full exposure to any losses
Initial index level:	3,155.81
Knock-in level:	1,893.486, 60% of initial level
Pricing date:	April 17
Settlement date:	April 28
Agent:	Credit Suisse Securities (USA) LLC
Fees:	3.55%
Cusip:	22547QL95

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