New Issue: Credit Suisse sells $150,000 accelerated barrier notes on index basket

By Sarah Lizee

Olympia, Wash., July 10 – Credit Suisse AG, London Branch priced $150,000 of 0% accelerated barrier notes due July 7, 2025 linked to an equally-weighted basket containing the S&P 500 index, Euro Stoxx 50 index and MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket finishes at or above its initial level, the payout at maturity will be par plus 135% of the basket return.

If the basket falls by up to 30%, the payout will be par.

Otherwise, investors will be fully exposed to the basket decline.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying basket:	S&P 500 index, Euro Stoxx 50 index and MSCI Emerging Markets index; equally weighted
Amount:	$150,000
Maturity:	July 7, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket finishes at or above its initial level, par plus 135% of the basket return; if the basket falls by up to 30%, par; otherwise, investors will be fully exposed to the basket decline
Initial levels:	3100.29 for S&P, 3234.07 for Stoxx, 995.1 for EM
Knock-in level:	70% of initial level
Pricing date:	June 30
Settlement date:	July 6
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.5%
Cusip:	22552WA39

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