New Issue: Credit Suisse prices $1.17 million accelerated barrier notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Feb. 24 – Credit Suisse AG, London Branch priced $1.17 million of 0% accelerated barrier notes due March 1, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 144% of the index return.

If the index finishes below its initial level and a knock-in event does not occur, the payout will be par. A knock-in event occurs if the index finishes at or below the knock-in level, 60% of the initial index level.

If the index finishes below the initial index level and a knock-in event occurs, investors will be fully exposed to the index decline.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying index:	Euro Stoxx 50
Amount:	$1,167,000
Maturity:	March 1, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above initial level, par plus 144% of index return; if index finishes below initial level and knock-in event does not occur, par; if knock-in event occurs, full exposure to decline of index
Knock-in event:	Index finishes at or below knock-in level
Initial index level:	3,490.53
Knock-in level:	2,094.318, 60% of initial level
Pricing date:	Feb. 20
Settlement date:	Feb. 27
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	3.8%
Cusip:	22546V3U8

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