New Issue: Credit Suisse prices $2.12 million Accelerated Return Notes on S&P 500

By Toni Weeks

San Luis Obispo, Calif., Dec. 2 – Credit Suisse AG, London Branch priced $2.12 million of 0% Accelerated Return Notes due Aug. 30, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 122% of the index return. Investors will receive par if the index falls by up to 25% and be fully exposed to the index decline if it falls below the 75% knock-in level.

Barclays is the placement agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated Return Notes
Underlying index:	S&P 500
Amount:	$2,115,000
Maturity:	Aug. 30, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 122% of any index gain; par if index falls by up to 25%; exposure to losses if index falls below knock-in level
Initial index level:	2,072.83
Knock-in level:	1,554.6225, 75% of initial level
Pricing date:	Nov. 26
Settlement date:	Dec. 2
Agent:	Barclays
Fees:	2.75%
Cusip:	22547QYJ9

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