New Issue: Credit Suisse sells $2.99 million leveraged buffered basket linked notes

By Wendy Van Sickle

Columbus, Ohio, April 18 – Credit Suisse AG, London Branch priced $2.99 million of 0% leveraged buffered notes due May 17, 2024 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 1.8 times the basket gain up with a maximum payout of par plus 37.4%.

Investors will receive par if the basket finishes flat or falls by up to 15% 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:	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:	$2,988,000
Maturity:	May 17, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.8 times basket gain, up to par plus 37.4%; par if basket finishes flat or declines by up to 15%; otherwise, 1% loss for every 1% decline beyond 15%
Initial levels:	3,827.96 for Stoxx, 1,890.06 for Topix, 7,580.8 for FTSE, 12,378.68 for Swiss, 7,479.016 for S&P/ASX 200
Buffer level:	85% of initial level
Pricing date:	April 13
Settlement date:	April 20
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22553PSA8

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