New Issue: Credit Suisse sells $329,000 accelerated barrier notes on iShares EAFE

By Marisa Wong

Morgantown, W.Va., May 2 – Credit Suisse AG, London Branch priced $329,000 of 0% accelerated barrier notes due April 28, 2020 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is greater than or equal to the initial share price, the payout at maturity will be par plus 150% of the fund gain, subject to a maximum return of 30.5%.

If the final share price is less than the initial share price but greater than the knock-in level, 75% of the initial share price, the payout will be par.

If the final share price is less than or equal to the knock-in level, investors will be fully exposed to the fund’s decline.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying fund:	iShares MSCI EAFE ETF
Amount:	$329,000
Maturity:	April 28, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If the final share price is greater than or equal to the initial share price, par plus 150% of the fund gain, return capped at 30.5%; if the final share price is less than the initial share price but greater than the knock-in level, par; otherwise, investors will be fully exposed to the fund’s decline
Initial price:	$61.97
Knock-in level:	$46.4775, 75% of initial price
Pricing date:	April 21
Settlement date:	April 28
Agent:	Credit Suisse Securities (USA) LLC
Fees:	2.8%
Cusip:	22548QZF5

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