New Issue: Credit Suisse prices $315,000 buffered return equity notes linked to S&P 500

By Tali Rackner

Norfolk, Va., Jan. 6 – Credit Suisse AG, London Branch priced $351,000 of 0% buffered return equity securities due July 3, 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 the underlying return.

If the final index level is greater than the initial level, payout at maturity will be par plus the underlying return. If the index falls by up to the 11% buffer, the payout will be par. Otherwise, payout will be the underlying return plus the 11% buffer amount.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered return equity securities
Underlying index:	S&P 500
Amount:	$351,000
Maturity:	July 3, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus underlying return if final index level is greater than initial value; par if index falls by up to 11% buffer; otherwise, final index return plus 11% buffer amount plus underlying return
Initial index level:	2,043.94
Pricing date:	Dec. 31
Settlement date:	Jan. 6
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	1.25%
Cusip:	22546VR65

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