New Issue: Credit Suisse sells $4.98 million six-year Stars on Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Aug. 13 – Credit Suisse AG, London Branch priced $4.98 million of 0% Strategic Accelerated Redemption Securities due Aug. 8, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annual call premium of 14.1% if the index closes at or above its initial level on any annual observation date.

If the notes are not called, the payout at maturity will be par plus the return with full exposure to any losses.

BofA Merrill Lynch is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Strategic Accelerated Redemption Securities
Underlying index:	Euro Stoxx 50
Amount:	$4,975,000
Maturity:	Aug. 8, 2024
Coupon:	0%
Price:	99.5
Payout at maturity:	Par unless index falls, in which case 1% loss for every 1% decline
Call:	At par plus an annualized call premium of 14.1% if index closes at or above its initial level on any annual observation date
Initial level:	3,469.21
Pricing date:	Aug. 2
Settlement date:	Aug. 9
Agent:	BofA Merrill Lynch
Fees:	1.5%
Cusip:	22548Y538

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