New Issue: Credit Suisse sells $382,000 return enhanced notes on S&P Regional Banks

By Sarah Lizee

Olympia, Wash., Aug. 3 – Credit Suisse AG, London Branch priced $382,000 of 0% return enhanced notes due Aug. 14, 2019 linked to the S&P Regional Banks Select Industry 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 2 times the index gain, subject to a maximum return of 19.5%. Investors will be fully exposed to any index decline.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are placement agents.

Issuer:	Credit Suisse AG, London Branch
Issue:	Return enhanced notes
Underlying index:	S&P Regional Banks Select Industry index
Amount:	$382,000
Maturity:	Aug. 14, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2 times any index gain, with return capped at 19.5%; full exposure to losses
Initial level:	1,947.78
Final level:	Average of closing levels on five averaging dates ending Aug. 9, 2019
Pricing date:	July 27
Settlement date:	Aug. 1
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	1%
Cusip:	22550BWC3

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