New Issue: Credit Suisse sells $1.84 million buffered accelerated return notes on indexes

By Wendy Van Sickle

Columbus, Ohio, April 30 – Credit Suisse AG, London Branch priced $1.84 million of 0% buffered accelerated return equity securities due April 27, 2023 linked to the lowest performing of the Dow Jones industrial average, the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index return is positive, the payout at maturity will be par plus 134% of the return of the lesser-performing index.

Investors will receive par if either index falls by 20% or less and will lose 1% for every 1% that the lesser-performing index declines beyond 20%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered accelerated return equity securities
Underlying indexes:	Dow Jones industrial average, Russell 2000 index and Nasdaq-100 index
Amount:	$1.84 million
Maturity:	April 27, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each index return is positive, par plus 134% of return of lesser-performing index; par if each index declines by 20% or less; 1% loss for every 1% that lesser-performing index declines beyond 20%
Initial levels:	8,786.604 for Nasdaq, 1,153.103 for Russell, 23,775.27 for Dow
Buffer levels:	7,029.2832 for Nasdaq, 986.4424 for Russell, 19,020.216 for Dow; 80% of initial levels
Pricing date:	April 24
Settlement date:	April 29
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	0.95%
Cusip:	22551NZP4

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