New Issue: Credit Suisse sells $2.33 million 18-month Bares linked to Russell 2000

By Marisa Wong

Los Angeles, April 26 – Credit Suisse AG, London Branch priced $2.33 million of 0% Buffered Accelerated Return Equity Securities due Sept. 9, 2022 tied to the Russell 2000 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 150% of the index return, capped at par plus 22.2%. Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline in the index beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying index:	Russell 2000 index
Amount:	$2,325,000
Maturity:	Sept. 9, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at par plus 22.2%; par if index falls by up to 10%; 1% loss for every 1% decline in the index beyond 10%
Initial index level:	2,146.924
Buffer level:	1,932.2316, 90% of initial level
Pricing date:	March 4
Settlement date:	March 9
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22552XDT7

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