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Published on 1/29/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $83.01 million accelerated return notes on Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Jan. 29 – Credit Suisse AG, London Branch priced $83.01 million of 0% accelerated return equity securities due March 29, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 300% of the index return up to a 20.35% underlying return cap.

Investors will be fully exposed to any decline in the index.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London
Issue:Accelerated return equity securities
Underlying index:Euro Stoxx 50
Amount:$83,009,930
Maturity:March 29, 2019
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 300% of index return, up to 20.35% underlying return cap; full exposure to any index decline
Initial index level:3,630.15
Pricing date:Jan. 25
Settlement date:Feb. 1
Underwriter:Credit Suisse Securities (USA) LLC
Fees:2%
Cusip:22548Y850

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