New Issue: Credit Suisse prices $2.44 million Bares on Russell 2000

By William Gullotti

Buffalo, N.Y., Sept. 1 – Credit Suisse AG, London Branch priced $2.44 million of 0% Buffered Accelerated Return Equity Securities due June 29, 2023 linked to the Russell 2000 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 1.5 times the return of the index, capped at par plus 20%.

Investors will receive par if the index falls by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying index:	Russell 2000 index
Amount:	$2,442,000
Maturity:	June 29, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above its initial level, the payout at maturity will be par plus 1.5 times the return of the index, capped at par plus 20%; investors will receive par if index falls by 10% or less and will lose 1% for every 1% that the index declines beyond 10%
Initial level:	2,213.979
Buffer level:	1,992.5811; 90% of initial levels
Pricing date:	Aug. 26
Settlement date:	Aug. 31
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22552XTU7

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