New Issue: Credit Suisse prices $2.15 million Bares linked to indexes, ETFs

By Angela McDaniels

Tacoma, Wash., Oct. 23 – Credit Suisse AG, London Branch priced $2.15 million of 0% Buffered Accelerated Return Equity Securities due Jan. 22, 2019 linked to a basket comprised of the S&P 500 index with a 60% weight, the iShares MSCI EAFE exchange-traded fund with a 25% weight, the Russell 2000 index with a 10% weight and the iShares MSCI Emerging Markets exchange-traded fund with a 5% weight, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par plus 150% of the basket return, subject to a maximum return of 9%. Investors will receive par if the basket falls by up to 10% and lose 1% for every 1% decline in the basket beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying basket:	S&P 500 index (60% weight), iShares MSCI EAFE ETF (25% weight), Russell 2000 index (10% weight) and iShares MSCI Emerging Markets ETF (5% weight)
Amount:	$2.15 million
Maturity:	Jan. 22, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 150% of basket return, up to 9% maximum return; par if basket falls by up to 10%; 1% loss for every 1% decline in basket beyond 10%
Initial levels:	2,562.10 for S&P 500; $69.43 for iShares MSCI EAFE; 1,502.044 for Russell 2000; $46.09 for iShares MSCI EM
Pricing date:	Oct. 19
Settlement date:	Oct. 24
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	0.6%
Cusip:	22550BM42

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