New Issue: Credit Suisse prices $3.5 million absolute return buffered notes on Russell

By Wendy Van Sickle

Columbus, Ohio, Oct. 7 – Credit Suisse AG, London Branch priced $3.5 million of 0% absolute return buffered securities due Feb. 28, 2022 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 the return of the index up to 22.09%.

If the index falls by up to 15%, the payout will be par plus the absolute value of the return of the index.

If the index falls by more than 15%, investors will lose 1% for every 1% decline of the index beyond 15%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Absolute return buffered securities
Underlying index:	Russell 2000 index
Amount:	$3.5 million
Maturity:	Feb. 28, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above its initial level, par the return of the index up to 22.09%; if the index falls by up to 15%, par plus the absolute value of the return of the index; otherwise, 1% loss for every 1% decline of the index beyond 15%
Initial level:	1,523.373
Buffer level:	2,912.746, 85% of initial level
Pricing date:	Sept. 30
Settlement date:	Oct. 7
Agent:	Credit Suisse Securities (USA) LLC
Fees:	2.41%
Cusip:	22552FU67

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