New Issue: Credit Suisse sells $13.66 million leveraged buffered notes on S&P 500

By Marisa Wong

Morgantown, W.Va., Sept. 7 – Credit Suisse AG, London Branch priced $13.66 million of 0% leveraged buffered notes due July 6, 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 1.5 times any index gain, subject to a maximum return of 22.2%.

Investors will receive par if the index falls by 12.5% or less and lose 1.1429% for every 1% decline beyond 12.5%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged buffered notes
Underlying index:	S&P 500
Amount:	$13,659,000
Maturity:	July 6, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at 22.2%; par if the index falls by 12.5% or less; 1.1429% loss for every 1% decline beyond 12.5%
Initial index level:	2,179.98
Pricing date:	Sept. 2
Settlement date:	Sept. 12
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22548QET8

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