New Issue: Credit Suisse prices $605,000 buffered return enhanced notes on health care fund

By Wendy Van Sickle

Columbus, Ohio, Sept. 27 – Credit Suisse AG, London Branch priced $605,000 of 0% buffered return enhanced notes due March 28, 2018 linked to the Health Care Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is positive, the payout at maturity will be par plus 1.5 times the gain, up to a maximum return of 15.89%. Investors will receive par if the fund declines by 10% or less and will lose 1.1111% for every 1% that the fund declines beyond 10%.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered return enhanced notes
Underlying fund:	Health Care Select Sector SPDR
Amount:	$605,000
Maturity:	March 28, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any fund gain, capped at 15.89%; par if fund declines by 10% or less; 1.1111% loss for every 1% that fund declines beyond 10%
Initial level:	$73.11
Final level:	Average of fund’s closing levels on five trading days ending March 23, 2018
Pricing date:	Sept. 23
Settlement date:	Sept. 28
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	1.25%
Cusip:	22548QJ48

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