New Issue: Credit Suisse prices $3.55 million barrier absolute return notes on Nasdaq-100

By Marisa Wong

Morgantown, W.Va., Aug. 17 – Credit Suisse AG, London Branch priced $3.55 million of 0% barrier absolute return market-linked notes with daily barrier observation due Aug. 20, 2020 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

A barrier event will occur if the index closes above the upper barrier, 124% of the initial level, or below the lower barrier, 76% of the initial level, on any day during the life of the notes.

If a barrier event occurs, the payout at maturity will be par of $1,000 plus 2%.

If no barrier event occurs, the payout will be par plus the absolute value of the index return.

Investors will receive at least par at maturity.

UBS Financial Services Inc. is distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Barrier absolute return market-linked notes with daily barrier observation
Underlying index:	Nasdaq-100
Amount:	$3,553,000
Maturity:	Aug. 20, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index closes above the upper barrier or below the lower barrier on any day during the life of the notes, par plus 2%; if index does not close above the upper barrier or below the lower barrier during the life of the notes, par plus the absolute value of the index return
Initial level:	7,354.661
Upper barrier:	9,119.77964, 124% of initial level
Lower barrier:	5,589.54236, 76% of initial level
Pricing date:	Aug. 15
Settlement date:	Aug. 20
Distributor:	UBS Financial Services Inc.
Fees:	1.5%
Cusip:	22551L3J7

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