New Issue: Credit Suisse prices $2.52 million trigger performance notes linked to iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Dec. 3 – Credit Suisse AG, London Branch priced $2.52 million of 0% trigger performance securities due Nov. 30, 2020 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par of $10 plus 172% of the ETF return. Investors will receive par if the ETF falls by up to 35% and will be fully exposed to losses from the initial share price if it falls by more than 35%.

Credit Suisse Securities (USA) LLC and UBS Financial Services Inc. are the agents.

Issuer:	Credit Suisse AG, London Branch
Issue:	Trigger performance securities
Underlying ETF:	iShares MSCI EAFE ETF
Amount:	$2,522,100
Maturity:	Nov. 30, 2020
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	If ETF return is positive, par plus 172% of ETF return; par if ETF falls by up to 35%; full exposure to losses from initial share price if ETF falls by more than 35%
Initial share price:	$60.55
Trigger level:	$39.36, 65% of initial share price
Pricing date:	Nov. 24
Settlement date:	Nov. 30
Agents:	Credit Suisse Securities (USA) LLC and UBS Financial Services Inc.
Fees:	5%
Cusip:	22548F828

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