New Issue: Credit Suisse sells $2.02 million Bares on basket of three indexes, one ETF

By Wendy Van Sickle

Columbus, Ohio, Oct. 1 – Credit Suisse AG, London Branch priced $2.02 million of 0% Buffered Accelerated Return Equity Securities due Jan. 2, 2020 tied to a basket of one index and two exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 40% weight, the Russell 2000 index with a 20% weight, the Euro Stoxx 50 index with a 20% weight and the iShares MSCI Emerging Markets ETF with a 20% weight.

If the basket return is zero or positive, the payout at maturity will be par plus 200% of the basket return up to a 12.25% maximum gain. 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 with a 40% weight, Euro Stoxx 50 index with a 20% weight, Russell 2000 index with a 20% weight and iShares MSCI Emerging Markets ETF with a 20% weight
Amount:	$2,023,000
Maturity:	Jan. 2, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is zero or positive, par plus 200% of the basket return up to a 12.25% maximum gain; par if the basket falls by up to 10%; 1% loss for every 1% decline in the basket beyond 10%
Initial values:	3,419.78 for Stoxx, 1,708.805 for Russell, 2,915.56 for S&P, $42.91 for ETF
Pricing date:	Sept. 25
Settlement date:	Sept. 28
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.5%
Cusip:	22551LBR0

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