New Issue: Credit Suisse sells $3.38 million trigger jump securities on Stoxx

By William Gullotti

Buffalo, N.Y, April 5 – Credit Suisse AG, London Branch priced $3.38 million of 0% trigger jump securities due April 3, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be the greater of par plus the index return and par plus 36.5%.

The payout will be par if the index declines by 20% or less. If the index declines by more than 20%, investors will lose 1% for each 1% decline from the initial level.

Credit Suisse Securities (USA) LLC is the agent, with Morgan Stanley Smith Barney LLC handling distribution.

Issuer:	Credit Suisse AG, London Branch
Issue:	Trigger jump securities
Underlying index:	Euro Stoxx 50 index
Amount:	$3,381,700
Maturity:	April 3, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If the index return is zero or positive, the greater of par plus the index return and par plus 36.5%; if the index declines by 20% or less, par; otherwise, 1% loss for each 1% decline from the initial level
Initial level:	3,902.52
Trigger level:	3,122.02; 80% of initial level
Pricing date:	March 31
Settlement date:	April 5
Underwriter:	Credit Suisse Securities (USA) LLC
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	2.5%
Cusip:	22552J385

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