New Issue:Credit Suisse prices $1.44 million Bares linked to S&P 500, two ETFs

By Marisa Wong

Morgantown, W.Va., Jan. 7 – Credit Suisse AG, London Branch priced $1.44 million of 0% Buffered Accelerated Return Equity Securities due Dec. 31, 2020 linked to a basket consisting of the S&P 500 index with a 65% weight, the iShares MSCI EAFE exchange-traded fund with a 25% weight and the iShares MSCI Emerging Markets ETF with a 10% weight, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par plus 150% of the basket return, subject to a maximum return of 75%. Investors will receive par if the basket falls by up to 20% and lose 1% for every 1% decline in the basket beyond 20%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying index:	S&P 500 index (60% weight), iShares MSCI EAFE ETF (25% weight), iShares MSCI Emerging Markets ETF (10% weight)
Amount:	$1,439,000
Maturity:	Dec. 31, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any basket gain, capped at 75%; if basket falls by up to 20%, par; 1% loss for every 1% decline beyond 20%
Initial levels:	2,056.50 for S&P, $59.29 for EAFE ETF, $32.77 for EM ETF
Pricing date:	Dec. 28
Settlement date:	Dec. 31
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.8%
Cusip:	22546VSZ0

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