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Published on 8/21/2019 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $1.36 million buffered accelerated return notes on Stoxx

Chicago, Aug. 21 – Credit Suisse AG, London Branch priced $1.36 million of 0% buffered accelerated return equity securities due July 29, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the index return, capped at par plus 28.35%.

Investors will receive par if the index falls by 15% or less and will lose 1% for every 1% decline beyond 15%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered accelerated return equity securities
Underlying index:Euro Stoxx 50
Amount:$1,360,000
Maturity:July 29, 2021
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 200% of index return capped at par plus 28.35%; par if index declines by 15% or less; 1% loss for every 1% index declines beyond 15%
Initial index level:3532.90
Buffer level:3002.965, 85% of initial level
Pricing date:July 24
Settlement date:July 29
Agent:Credit Suisse Securities (USA) LLC
Fees:1.75%
Cusip:22552FMZ2

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