New Issue: Credit Suisse sells $1.66 million accelerated barrier notes on weighted basket

By William Gullotti

Buffalo, N.Y., Nov. 18 – Credit Suisse AG, London Branch priced $1.66 million of 0% accelerated barrier notes due Sept. 28, 2027 linked to a weighted basket of assets, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 55% weight, the iShares MSCI EAFE ETF with a 35% weight and the iShares MSCI Emerging Markets ETF with a 10% weight.

If the basket finishes at or above its initial level, the payout at maturity will be par plus 163.5% of the basket return.

If the basket falls by up to 20%, the payout will be par. Otherwise, investors will be fully exposed to the basket decline from its initial level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying basket:	S&P 500 index (55% weight), iShares MSCI EAFE ETF (35% weight), iShares MSCI Emerging Markets ETF (10% weight)
Amount:	$1,663,000
Maturity:	Sept. 28, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket finishes at or above its initial level, par plus 163.5% of the basket return; if the basket falls by up to 20%, par; otherwise, investors will be fully exposed to the basket decline from initial level
Initial levels:	3693.23 for S&P, $56.76 for EAFE ETF, $35.98 for Emerging Markets ETF
Knock-in level:	80% of initial level
Pricing date:	Sept. 23
Settlement date:	Sept. 28
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.75%
Cusip:	22553QLV7

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