New Issue: Credit Suisse prices $1.27 million accelerated return notes on S&P 500

By Jennifer Chiou

New York, Jan. 29 – Credit Suisse AG, London Branch priced $1.27 million of 0% accelerated return notes due Nov. 1, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial level, the payout at maturity will be par plus 122.5% of the index return.

Investors will receive par if the index falls by up to 25% and will be fully exposed to the index decline if it falls to or 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:	$1.27 million
Maturity:	Nov. 1, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 122.5% of any index gain; par if index falls by up to 25%; full exposure to losses if index falls by more than 25%
Initial index level:	2,002.16
Knock-in level:	1,501.62, 75% of initial level
Pricing date:	Jan. 28
Settlement date:	Jan. 30
Agent:	Barclays
Fees:	2.75%
Cusip:	22546V3M6

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