New Issue: Credit Suisse sells $5 million return enhanced notes tied to Amazon.com

By Devika Patel

Knoxville, Tenn., March 21 – Credit Suisse AG, London Branch priced $5 million of 0% return enhanced notes due March 21, 2019 linked to the common stock of Amazon.com, Inc., according to a 424B2 filing with the Securities and Exchange.

If the stock return is positive, the payout at maturity will be par plus five times the stock return, up to a maximum return of 66.6%. If the stock return is negative, investors will have one-to-one exposure to the decline.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.

Issuer:	Credit Suisse AG, London Branch
Issue:	Return enhanced notes
Underlying stock:	Amazon.com, Inc. (Symbol: AMZN)
Amount:	$5 million
Maturity:	March 21, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If stock return is positive, par plus five times stock return, up to maximum return of 66.6%; if stock return is negative, one-to-one exposure to decline
Initial share price:	$552.08
Final share price:	Average of stock’s closing share prices on the five trading days ending March 18, 2019
Pricing date:	March 18
Settlement date:	March 23
Agent:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	2.5%
Cusip:	22546VZJ8

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