New Issue: Credit Suisse sells $500,000 seven-year ARES linked to S&P 500

By Marisa Wong

Morgantown, W.Va., May 7 – Credit Suisse AG, London Branch priced $500,000 of 0% Accelerated Return Equity Securities due May 5, 2025 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 155.25% of any index gain.

Investors will be exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated Return Equity Securities
Underlying index:	S&P 500
Amount:	$500,000
Maturity:	May 5, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 155.25% of any index gain; investors will be exposed to any losses
Initial index level:	2,648.05
Pricing date:	April 30
Settlement date:	May 3
Agent:	Credit Suisse Securities (USA) LLC
Fees:	4.6%
Cusip:	22550WQV2

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