New Issue: Credit Suisse prices $622,000 buffered return equity notes tied to MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, April 7 – Credit Suisse AG, London Branch priced $622,000 of 0% buffered return equity securities due April 2, 2020 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the underlying return, subject to a cap of 35%.

If the index declines by 15% or less, the payout will be par. Otherwise, investors will lose 1% for every 1% that the index declines beyond 15%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered return equity securities
Underlying index:	MSCI EAFE
Amount:	$622,000
Maturity:	April 2, 2020
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus underlying return if final index level is greater than initial value, capped at 35%; par if index falls by up to 15% buffer; otherwise, exposure to losses beyond 15%
Initial index level:	1,812.06
Pricing date:	March 28
Settlement date:	March 31
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	3.75%
Cusip:	22548QXB6

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