New Issue: Credit Suisse prices $21.53 million leveraged notes linked to indexes

By Angela McDaniels

Tacoma, Wash., Aug. 29 – Credit Suisse AG, London Branch priced $21.53 million of 0% capped Leveraged Index Return Notes due Aug. 31, 2018 linked to a basket comprised of the S&P 500 index with a 45% weight, the MSCI EAFE index with a 27.5% weight and the MSCI Emerging Markets index with a 27.5% weight, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par of $10 plus 200% of the basket return, subject to a maximum return of 15.25%. Investors will receive par if the basket declines by 10% or less and will lose 1% for every 1% that it may decline beyond 10%.

BofA Merrill Lynch is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Capped Leveraged Index Return Notes
Underlying indexes:	S&P 500 (45% weight), MSCI EAFE (27.5% weight) and MSCI Emerging Markets (27.5% weight)
Amount:	$21,529,700
Maturity:	Aug. 31, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If basket return is positive, par plus 200% of basket return, up to 15.25% cap; par if basket declines by 10% or less; 1% loss for every 1% that basket may decline beyond 10%
Initial index levels:	2,172.47 for S&P 500, 1,702.17 for MSCI EAFE and 898.10 for MSCI Emerging Markets
Final index levels:	For each index, average of its closing levels on five trading days ending Aug. 28, 2018
Pricing date:	Aug. 25
Settlement date:	Sept. 1
Underwriter:	BofA Merrill Lynch
Fees:	2%
Cusip:	22547V725

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