New Issue: Credit Suisse sells $56.52 million leveraged buffered notes on S&P 500

By Marisa Wong

Morgantown, W.Va., Aug. 29 – Credit Suisse AG, London Branch priced $56.52 million of 0% notes due Oct. 27, 2017 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 double any index gain, subject to a maximum return of 8.92%.

Investors will receive par if the index falls by 5% or less and lose 1% for every 1% decline beyond 5%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Notes
Underlying index:	S&P 500
Amount:	$56,524,540
Maturity:	Oct. 27, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at 8.92%; par if the index falls by 5% or less; 1% loss for every 1% decline beyond 5%
Initial index level:	2,172.47
Threshold level:	2,063.85, 95% of initial level
Pricing date:	Aug. 25
Settlement date:	Sept. 1
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	2%
Cusip:	22547V717

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