New Issue: Credit Suisse sells $267,000 buffered accelerated return notes on EAFE ETF

By Sarah Lizee

Olympia, Wash., Dec. 3 – Credit Suisse AG, London Branch priced $267,000 of 0% buffered accelerated return equity securities due Dec. 24, 2020 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund closes at or above its initial level, the payout at maturity will be par plus 150% of the fund return, capped at par plus 9.5%.

Investors will receive par if the fund falls by 10% or less and will lose 1% for every 1% decline beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered accelerated return equity securities
Underlying fund:	Shares MSCI EAFE ETF
Amount:	$267,000
Maturity:	Dec. 24, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If the fund closes at or above its initial level, par plus 150% of the fund return capped at par plus 9.5%; par if fund falls by 10% or less; 1% loss for every 1% decline beyond 10%
Initial level:	$68.31
Buffer level:	$61.479, 90% of initial level
Pricing date:	Nov. 19
Settlement date:	Nov. 22
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	4.3%
Cusip:	22551NAC0

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