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Published on 12/26/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $23.12 million Capped Leveraged Index Return Notes on EM index

By Wendy Van Sickle

Columbus, Ohio, Dec. 26 – Credit Suisse AG, London Branch priced $23.12 million of 0% Capped Leveraged Index Return Notes due Dec. 18, 2020 linked to the MSCI Emerging Markets index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, up to a maximum return of 27.44%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

BofA Merrill Lynch is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Capped Leveraged Index Return Notes
Underlying index:MSCI Emerging Markets
Amount:$23,118,120
Maturity:Dec. 18, 2020
Coupon:0%
Price:Par of $10.00
Payout at maturity:Par plus double any index gain, up to a maximum return of 27.44%; par if the index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial level:959.79
Threshold level:863.81, 90% of initial level
Pricing date:Dec. 20
Settlement date:Dec. 28
Agent:BofA Merrill Lynch
Fees:2%
Cusip:22548Y330

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