New Issue: Credit Suisse sells $4.14 million leveraged notes tied to index basket

By Sarah Lizee

Olympia, Wash., July 16 – Credit Suisse AG, London Branch priced $4.14 million of 0% leveraged notes due Feb. 11, 2020 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par plus 300% of the basket return, up to a maximum settlement amount of $1,495 per $1,000 of notes.

If the basket return is negative, investors will be exposed to the basket’s decline.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged notes
Underlying indexes:	Euro Stoxx 50 with a 37% weight, FTSE 100 with a 23% weight, Topix with a 23% weight, Swiss Market with a 9% weight and S&P/ASX 200 with an 8% weight
Amount:	$4,144,000
Maturity:	Feb. 11, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 300% of basket return, up to a maximum settlement amount of $1,495 per $1,000 of notes; if basket return is negative, exposure to basket’s decline
Initial index levels:	3,445.49 for Euro Stoxx 50, 7,651.33 for FTSE 100, 1,709.68 for Topix, 8,818.19 for Swiss Market and 6,268.305 S&P/ASX 200
Pricing date:	July 12
Settlement date:	July 19
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22550BUU5

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