New Issue: Credit Suisse sells $26.04 million Capped Leveraged Index Return Notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, Nov. 29 – Credit Suisse AG, London Branch priced $26.04 million of 0% Capped Leveraged Index Return Notes due Nov. 24, 2023 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, up to a maximum payout of par plus 12.66%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

BofA Securities is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Capped Leveraged Index Return Notes
Underlying index:	S&P 500
Amount:	$26,041,740
Maturity:	Nov. 24, 2023
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus two times any index gain, up to a maximum payout of par plus 12.66%; par if the index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial level:	4,690.7
Threshold level:	4,221.63; 90% of initial level
Pricing date:	Nov. 23
Settlement date:	Dec. 1
Agent:	BofA Securities
Fees:	2%
Cusip:	22550J478

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