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Published on 5/1/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $2.98 million 0% accelerated barrier notes linked to MSCI EAFE

By Susanna Moon

Chicago, May 1 – Credit Suisse AG, London Branch priced $2.98 million of 0% accelerated barrier notes due April 29, 2024 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus 156% of the return.

If the index falls by up to its 65% knock-in level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Accelerated barrier notes
Underlying index:MSCI EAFE
Amount:$2,975,000
Maturity:April 29, 2024
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 156% of return; if index falls by up to knock-in level, par; otherwise, 1% loss per 1% decline
Initial level:2,050.72
Knock-in level:1,332.968, 65% of initial level
Pricing date:April 20
Settlement date:April 27
Agent:Credit Suisse Securities (USA) LLC
Fees:3.25%
Cusip:22550WPZ4

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