New Issue: Credit Suisse sells $4.73 million leveraged buffered basket linked notes

By William Gullotti

Buffalo, N.Y., Dec. 9 – Credit Suisse AG, London Branch priced $4.73 million of 0% leveraged buffered notes due Sept. 11, 2023 linked to a weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with an 11% weight and the S&P/ASX 200 index with a 8% weight.

The payout at maturity will be par plus 1.4 times the basket gain up with a maximum payout of par plus 24.5%.

Investors will receive par if the basket finishes flat or falls by up to 12.5% and will lose 1.1429% for every 1% decline beyond 12.5%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged buffered basket-linked notes
Underlying assets:	Euro Stoxx 50 index (36%), Topix index (29%), FTSE 100 index (16%), Swiss Market index (11%), S&P/ASX 200 index (8%)
Amount:	$4,726,000
Maturity:	Sept. 11, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.4 times basket gain, up to par plus 24.5%; par if basket finishes flat or declines by up to 12.5%; otherwise, 1.1429% loss for every 1% decline beyond 12.5%
Initial levels:	4,080.15 for Stoxx, 1,957.86 for Topix, 7,122.32 for FTSE, 12,175.77 for Swiss, 7,241.167 for S&P/ASX 200
Buffer level:	87.5% of initial level
Pricing date:	Dec. 3
Settlement date:	Dec. 10
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22553P6D6

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