New Issue: Credit Suisse prices $940,000 Bares due 2020 linked to S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, Nov. 17 – Credit Suisse AG, London branch priced $940,000 of 0% Buffered Accelerated Return Equity Securities due Nov. 19, 2020 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return is of each index is positive, the payout at maturity will be par plus 117.5% of the lesser performing index’s return.

Investors will receive par if the lesser performing index falls by up to 30% and lose 1% for every 1% decline in the lesser performing index beyond 30%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$940,000
Maturity:	Nov. 19, 2020
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If each index’s return is positive, par plus 117.5% of the return of the lesser performing index; par if either index falls by up to 30%; 1% loss for every 1% decline in the lesser performing index beyond 30%
Initial index levels:	2,180.39 for S&P, 1,302.144 for Russell
Pricing date:	Nov. 15
Settlement date:	Nov. 18
Underwriters:	Credit Suisse Securities (USA) LLC
Fees:	0.45%
Cusip:	22548QL94

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