New Issue: Credit Suisse prices $968,000 absolute return barrier notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, Aug. 5 – Credit Suisse AG, London Branch priced $968,000 of 0% absolute return barrier securities due Aug. 3, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

A knock-in event occurs if the index finishes at or below its knock-in level, 75% of the initial level.

If the index finishes at or above the initial level, the payout at maturity will be par plus 275% of the return, up to underlying cap of 30%.

If the index falls and a knock-in event has not occurred, the payout will be par plus the absolute value of the return, up to a maximum amount of $1,249.99 for each $1,000 principal amount.

Otherwise, investors will be fully exposed to any losses.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Absolute return barrier securities
Underlying index:	Euro Stoxx 50
Amount:	$968,000
Maturity:	Aug. 3, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus 275% of return, up to underlying return cap of 30%; if index falls by up to knock-in level, par plus absolute value of return, capped at 24.999%; otherwise, full exposure to losses
Initial index level:	3,600.69
Knock-in level:	2,700.5175, 75% of initial level
Pricing date:	July 31
Settlement date:	Aug. 5
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	0.8%
Cusip:	22546VJ56

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