Credit Suisse to price 13-month ARES linked to VanEck Vectors Oil ETF

By Marisa Wong

Morgantown, W.Va., Feb. 13 – Credit Suisse AG, London Branch plans to price 0% Accelerated Return Equity Securities due March 21, 2019 linked to the VanEck Vectors Oil Services exchange-traded fund, according to a 424B2 with the Securities and Exchange Commission.

The payout at maturity will be par plus double any ETF gain, with the return capped at 22.5% to 24.5%.

Investors will be exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on Feb. 14.

The Cusip number is 22550WEH6.

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