New Issue: Credit Suisse sells $4.75 million buffered accelerated return securities on ETF basket

Chicago, Jan. 8 – Credit Suisse AG, London Branch priced $4.75 million of 0% buffered accelerated return equity securities due March 25, 2021 linked to a basket of the iShares Russell 2000 ETF with a 40% weight and the SPDR S&P Midcap 400 ETF Trust with a 60% weight, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par plus 1.5 times the return of the basket up to 14.1%.

Investors will receive par if the basket falls by 10% or less and will lose 1% for every 1% that the basket declines beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered accelerated return equity securities
Basket components:	iShares Russell 2000 ETF (40% weight) and SPDR S&P Midcap 400 ETF Trust (60% weight)
Amount:	$4,750,000
Maturity:	March 25, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket return is positive, par plus 1.5 times the return of the basket, up to 14.1%; investors will receive par if the basket falls by 10% or less and will lose 1% for every 1% that the basket declines beyond 10%
Initial levels:	$165.97 for Russell ETF and $375.56 for Midcap ETF
Buffer levels:	90% of initial basket level
Pricing date:	Dec. 20
Settlement date:	Dec. 26
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	0%
Cusip:	22551NDP8

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