New Issue: Credit Suisse prices $66.84 million Leveraged Index Return Notes on index basket

By Marisa Wong

Morgantown, W.Va., Jan. 29 – Credit Suisse AG, London Branch priced $66,844,610 of 0% Leveraged Index Return Notes due Jan. 31, 2020 linked to a 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 40% weight, the FTSE 100 index and the Nikkei 225 index each with a 20% weight, the Swiss Market index and the S&P/ASX 200 index each with a 7.5% weight and the Hang Seng index with a 5% weight.

If the basket return is positive, the payout at maturity will be par plus 201% of the basket gain.

Investors will be fully exposed to any basket decline.

BofA Merrill Lynch is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged Index Return Notes
Underlying indexes:	Euro Stoxx 50 (40% weight), FTSE 100 (20% weight), Nikkei Stock Average (20% weight), Swiss Market (7.5% weight), S&P/ASX 200 (7.5% weight) and Hang Seng (5% weight)
Amount:	$66,844,609.50
Maturity:	Jan. 31, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 201% of any basket gain; full exposure to any basket decline
Initial index levels:	3,630.15 for Euro Stoxx 50; 7,615.84 for FTSE 100; 23,669.49 for Nikkei; 9,482.96 for Swiss Market; 6,050.023 for S&P/ASX; 32,654.45 for Hang Seng
Final basket level:	Average of basket’s closing levels on five trading days ending Jan. 23, 2020
Pricing date:	Jan. 25
Settlement date:	Feb. 1
Underwriter:	BofA Merrill Lynch
Fees:	2%
Cusip:	22548Y843

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