New Issue: Credit Suisse sells $10.3 million leveraged buffered notes on MSCI EAFE

By William Gullotti

Buffalo, N.Y., March 15 – Credit Suisse AG, London Branch priced $10.3 million of 0% leveraged buffered index-linked notes due March 6, 2024 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, up to a maximum settlement amount of par plus 29.325%.

Investors will receive par if the index finishes flat or falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged buffered index-linked notes
Underlying index:	MSCI EAFE index
Amount:	$10,303,000
Maturity:	March 6, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at par plus 29.325%; par if index finishes flat or falls by up to 15%; otherwise, 1.1765% loss for each 1% decline beyond 15%
Initial index level:	2,127.71
Buffer level:	85% of initial level
Pricing date:	March 2
Settlement date:	March 9
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22553PRL8

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