New Issue: Credit Suisse sells $11.37 million buffered accelerated return notes on S&P/ASX 200

By Wendy Van Sickle

Columbus, Ohio, July 2 – Credit Suisse AG, London Branch priced $11.37 million of 0% buffered accelerated return equity securities due Oct. 1, 2020 linked to the S&P/ASX 200 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 410% of the index return, capped at par plus 20.2%.

Investors will receive par if the index falls by 5% or less and will lose 1.0526% for every 1% decline beyond 5%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered accelerated return equity securities
Underlying index:	S&P/ASX 200
Amount:	$11,366,000
Maturity:	Oct. 1, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 410% of index return, capped at par plus 20.2%; par if index declines by 5% or less; 1.0526% loss for every 1% index declines beyond 5%
Initial index level:	6,666.313
Buffer level:	6,332.99735, 95% of initial level
Pricing date:	June 27
Settlement date:	July 2
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	0.75%
Cusip:	22552FMM1

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