New Issue: Credit Suisse sells $1.5 million buffered return equity notes on iShares EAFE ETF

By Marisa Wong

Morgantown, W.Va., March 12 – Credit Suisse AG, London Branch priced $1.5 million of 0% buffered return equity securities due Sept. 3, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund gains or finishes flat, the payout at maturity will be par plus the fund return, capped at 18.1%. If the fund declines by 10% or less, the payout will be par. Otherwise, investors will lose 1% for every 1% decline beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered return equity securities
Underlying ETF:	iShares MSCI EAFE ETF
Amount:	$1.5 million
Maturity:	Sept. 3, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If the fund gains or finishes flat, par plus fund return, capped at 18.1%; if the fund declines by 10% or less, par; otherwise, 1% loss for every 1% decline beyond 10%
Initial price:	$70.27
Buffer level:	$63.243, 90% of initial price
Pricing date:	Feb. 28
Settlement date:	March 5
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	1.5%
Cusip:	22550WHB6

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