New Issue: Credit Suisse sells $8.38 million jump securities linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Aug. 7 – Credit Suisse AG, London Branch priced $8.38 million of 0% jump securities due Nov. 5, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus the upside payment of 11.57%.

Investors will be exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:	Credit Suisse AG, London Branch
Issue:	Jump securities
Underlying index:	S&P 500
Amount:	$8,383,160
Maturity:	Nov. 5, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus 11.57%; exposure to any losses
Initial level:	2,816.29
Pricing date:	July 31
Settlement date:	Aug. 3
Agent:	Credit Suisse Securities (USA) LLC with Morgan Stanley Wealth Management handling distribution
Fees:	2.25%
Cusip:	22549R102

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