New Issue: Credit Suisse sells $3.1 million buffered return enhanced notes linked to MSCI index

By William Gullotti

Buffalo, N.Y., Oct. 4 – Credit Suisse AG, London Branch priced $3.1 million of 0% buffered return enhanced notes due Oct. 1, 2024 linked to the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 1.5 times the index return, capped at 44.7%. Investors will receive par if the index declines by 15% or less and will lose 1.17647% for every 1% that the index declines beyond 15%.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered return enhanced notes
Underlying index:	MSCI Emerging Markets index
Amount:	$3.1 million
Maturity:	Oct. 1, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain, subject to a maximum payout of par plus 44.7%; par if index declines by 15% or less; 1.17647% loss for every 1% that index declines beyond 15%
Initial index level:	1,260.89
Buffer level:	1,071.76; 85% of initial level
Pricing date:	Sept. 28
Settlement date:	Oct. 1
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	1.2%
Cusip:	22552XWP4

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