New Issue: Credit Suisse sells $12.07 million jump notes on S&P value over growth

By Sarah Lizee

Olympia, Wash., Nov. 2 – Credit Suisse AG, London Branch priced $12.07 million of 0% jump securities due Nov. 11, 2019 linked to the relative performance of the S&P 500 Value index over the S&P 500 Growth index, according to a 424B2 filed with the Securities and Exchange Commission.

If the return of the value index finishes at or above the return of the growth index, the payout at maturity will be par plus 12%.

Otherwise, investors will lose the percentage amount of underperformance of the value index relative to the growth index.

Credit Suisse Securities (USA) LLC is the agent. Morgan Stanley Wealth Management is handling distribution.

Issuer:	Credit Suisse AG, London Branch
Issue:	Jump securities
Underlying indexes:	S&P 500 Value index and S&P 500 Growth index
Amount:	$12,068,100
Maturity:	Nov. 11, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of the value index finishes at or above the return of the growth index, par plus 12%; otherwise, investors will lose the percentage amount of underperformance of the value index relative to the growth index
Initial levels:	1,077.664 for value, 1,607.491 for growth
Pricing date:	Oct. 30
Settlement date:	Nov. 2
Agent:	Credit Suisse Securities (USA) LLC with Morgan Stanley Wealth Management handling distribution
Fees:	1.8%
Cusip:	22549R623

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