New Issue: Credit Suisse sells $556,000 callable contingent coupon buffered notes on Russell

By Susanna Moon

Chicago, July 17 – Credit Suisse AG, London Branch priced $556,000 of callable contingent coupon buffered securities due July 29, 2022 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes pay a contingent quarterly coupon of 6.1% if the index closes at or above its 85% coupon barrier on the observation date for that quarter.

The payout at maturity will be par unless the index finishes below its 85% buffer level, in which case investors will lose 1% for each 1% loss beyond 15%.

The notes are callable at par on any interest payment date after a year.

Incapital LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Callable contingent coupon buffered securities
Underlying index:	Russell 2000
Amount:	$556,000
Maturity:	July 29, 2022
Coupon:	6.1% annualized, payable quarterly if index closes at or above coupon barrier on observation date for that quarter
Price:	Par
Payout at maturity:	Par unless index finishes below its buffer, in which case 1% loss for each 1% decline of index beyond buffer
Call option:	At par on any interest payment date beginning July 31, 2018
Initial level:	1,442.279
Coupon barrier/buffer level:	1,225.93715; 85% of initial levels
Pricing date:	July 26
Settlement date:	July 31
Agent:	Incapital LLC
Fees:	3.75%
Cusip:	22550BC76

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