New Issue: Credit Suisse prices $2.49 million Bares linked to S&P 500

By William Gullotti

Buffalo, N.Y., Aug. 18 – Credit Suisse AG, London Branch priced $2.49 million of 0% Buffered Accelerated Return Equity Securities due Aug. 15, 2025 linked to the S&P 500 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 1.22 times the return of the index.

Investors will receive par if the index falls by 5% or less and will lose 1% for every 1% that the index declines beyond 5%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying index:	S&P 500 index
Amount:	$2,494,000
Maturity:	Aug. 15, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above its initial level, the payout at maturity will be par plus 1.22 times the return of the index; investors will receive par if index falls by 5% or less and will lose 1% for every 1% that the index declines beyond 5%
Initial level:	4,280.15
Buffer level:	4,066.1425; 95% of initial levels
Pricing date:	Aug. 12
Settlement date:	Aug. 17
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.2%
Cusip:	22553QFR3

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