New Issue: Credit Suisse sells $1.45 million one-year Bares linked to SPDR S&P 500

By Susanna Moon

Chicago, Sept. 23 – Credit Suisse AG, London Branch priced $1.45 million of Buffered Accelerated Return Equity Securities due Sept. 26, 2017 linked to SPDR S&P 500 exchange-traded fund trust, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any fund gain, up to underlying return of 8.7%.

Investors will receive par if the fund falls by up to 10% and be exposed to losses beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying fund:	SPDR S&P 500 ETF Trust
Amount:	$1,445,000
Maturity:	Sept. 26, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any fund gain, with 8.7% underlying cap; if fund falls by up to 10%, par; exposure to losses beyond 10%
Initial level:	$213.42
Pricing date:	Sept. 20
Settlement date:	Sept. 23
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.25%
Cusip:	22548QGK5

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