Credit Suisse plans to price buffered PLUS tied to Tokyo Stock Price

By Sarah Lizee

Olympia, Wash., March 5 – Credit Suisse AG, London Branch plans to price 0% buffered Performance Leveraged Upside Securities due Oct. 5, 2022 linked to the Tokyo Stock Price 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 200% of the index return, up to $13.065 per $10 PLUS. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Smith Barney LLC as distributor.

The notes will price on March 13.

The Cusip number is 22550V315.

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