New Issue: Credit Suisse prices $884,000 accelerated barrier notes linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., June 3 – Credit Suisse AG, London Branch priced $884,000 of 0% accelerated barrier notes due June 3, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 155% of the index return.

If the index finishes below its initial level and a knock-in event does not occur, the payout will be par. A knock-in event occurs if the index finishes at or below the knock-in level, 70% of the initial level.

If the index finishes below its initial level and a knock-in event occurs, investors will be fully exposed to the index’s decline.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying index:	Euro Stoxx 50
Amount:	$884,000
Maturity:	June 3, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above initial level, par plus 155% of index return; if index finishes below initial level and knock-in event does not occur, par; if index finishes below initial level and knock-in event occurs, full exposure to decline of index
Knock-in event:	Index finishes at or below knock-in level
Initial index level:	3,570.78
Knock-in level:	2,499.546, 70% of initial level
Pricing date:	May 29
Settlement date:	June 3
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.55%
Cusip:	22546VD78

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