New Issue: Credit Suisse prices $974,000 buffered return equity notes on S&P 500

By Marisa Wong

Morgantown, W.Va., April 11 – Credit Suisse AG, London Branch priced $974,000 of 0% buffered return equity notes due April 2, 2020 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 any index gain, capped at 24%. Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% that the index falls beyond 15%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered return equity notes
Underlying index:	S&P 500
Amount:	$974,000
Maturity:	April 2, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 24%; par if the index falls by up to 15%; 1% loss for each 1% that the index falls beyond 15%
Initial level:	2,358.57
Pricing date:	March 28
Settlement date:	March 31
Agent:	Credit Suisse Securities (USA) LLC
Fees:	3.75%
Cusip:	22548QXA8

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