New Issue: Credit Suisse sells $1.38 million buffered accelerated return notes on indexes

By Sarah Lizee

Olympia, Wash., March 30 – Credit Suisse AG, London Branch priced $1.38 million of 0% buffered accelerated return equity securities due March 25, 2025 linked to the lowest performing of the Dow Jones industrial average, the S&P 500 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index return is positive, the payout at maturity will be par plus 140.05% of the return of the lesser-performing index.

Investors will receive par if either index falls by 34% or less and will lose 1% for every 1% that the lesser-performing index declines beyond 34%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered accelerated return equity securities
Underlying indexes:	Dow Jones industrial average, S&P 500 index and Nasdaq-100 index
Amount:	$1,383,000
Maturity:	March 25, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index return is positive, par plus 140.05% of return of lesser-performing index; par if each index declines by 34% or less; 1% loss for every 1% that lesser-performing index declines beyond 34%
Initial levels:	2,304.92 for S&P, 19,173.98 for Dow and 6,994.291 for Nasdaq
Buffer levels:	1,521.2472 for S&P, 12,654.8268 for Dow and 4,616.23206 for Russell; 66% of initial levels
Pricing date:	March 20
Settlement date:	March 25
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	4.125%
Cusip:	22551NV60

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