New Issue: Credit Suisse sells $1.28 million Bares linked to iShares MSCI EAFE

By Marisa Wong

Morgantown, W.Va., July 24 – Credit Suisse AG, London Branch priced $1.28 million of 0% Buffered Accelerated Return Equity Securities due Oct. 24, 2018 tied to the iShares MSCI EAFE exchange-traded 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 250% of the fund return, subject to a maximum payout of par plus 14.05%. Investors will receive par if the fund falls by up to 5% and lose 1% for every 1% decline in the fund beyond 5%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying ETF:	iShares MSCI EAFE ETF
Amount:	$1.28 million
Maturity:	Oct. 24, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If fund return is positive, par plus 250% of the fund return, subject to maximum payout of par plus 14.05%; par if fund falls by up to 5%; 1% loss for every 1% decline in the fund beyond 5%
Initial price:	$66.54
Buffer price:	$63.213, 95% of initial price
Pricing date:	July 19
Settlement date:	July 24
Underwriters:	Credit Suisse Securities (USA) LLC
Fees:	0.5%
Cusip:	22550BD59

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