New Issue: Credit Suisse sells $3.04 million Bares due 2020 on Russell 2000 fund

By Susanna Moon

Chicago, Oct. 31 – Credit Suisse AG, London branch priced $3.04 million of 0% Buffered Accelerated Return Equity Securities due April 23, 2020 linked to the iShares Russell 2000 ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times of any fund gain, up to a maximum of $1,190 per $1,000 principal amount.

Investors will receive par if the fund falls by up to 10% and will lose 1% for each 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 asset:	iShares Russell 2000 ETF
Amount:	$3,035,000
Maturity:	April 23, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any fund gain, up to a cap of 19%; if index falls by up to 10%, par; otherwise, 1% loss per 1% decline beyond 10%
Initial level:	$155.00
Pricing date:	Oct. 18
Settlement date:	Oct. 23
Agent:	UBS Financial Services Inc.
Fees:	None
Cusip:	22551LEN6

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