New Issue: Credit Suisse prices $6.18 million bear Accelerated Return Notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Aug. 28 – Credit Suisse AG, London Branch priced $6.18 million of 0% bear Accelerated Return Notes due Oct. 26, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is negative, the payout at maturity will be par of $10 plus 3% for every 1% that the index declines, subject to a maximum return of 17.07%. If the index return is positive, investors will lose 1% for every 1% that the index increases.

BofA Merrill Lynch is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Bear Accelerated Return Notes
Underlying index:	Russell 2000
Amount:	$6,175,500
Maturity:	Oct. 26, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is negative, par plus 3% for every 1% that index declines, subject to 17.07% maximum return; if index return is positive, 1% loss for every 1% that index increases
Initial index level:	1,373.875
Final index level:	Average of index’s closing levels on five trading days ending Oct. 23, 2018
Pricing date:	Aug. 24
Settlement date:	Aug. 31
Underwriters:	BofA Merrill Lynch
Fees:	2%
Cusip:	22547V162

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