New Issue: Credit Suisse prices $620,000 return enhanced notes on SPDR S&P Bank

By Susanna Moon

Chicago, Nov. 3 – Credit Suisse AG, London Branch priced $620,000 of 0% return enhanced notes due Nov. 15, 2018 linked to the SPDR S&P Bank exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to a maximum return of 19.48%.

Investors will be exposed to any losses.

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

Issuer:	Credit Suisse AG, London Branch
Issue:	Return enhanced notes
Underlying fund:	SPDR S&P Bank
Amount:	$620,000
Maturity:	Nov. 15, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any fund gain, capped at 19.48%; exposure to any losses
Initial level:	$46.21
Pricing date:	Oct. 27
Settlement date:	Nov. 3
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	1%
Cusip:	22550BMD2

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