New Issue: Credit Suisse sells $1.22 million Bares linked to S&P 500, Russell 2000

By Marisa Wong

Morgantown, W.Va., Aug. 7 – Credit Suisse AG, London Branch priced $1.22 million of 0% Buffered Accelerated Return Equity Securities due Sept. 5, 2019 linked to the worse performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 150% of the return of the lesser performing index, capped at par plus 14%. Investors will receive par if the lesser performing index falls by up to 10% and lose 1% for every 1% decline in the lesser performing index beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying indexes:	S&P 500 index and Russell 2000 index
Amount:	$1,221,000
Maturity:	Sept. 5, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 150% of the return of the lesser performing index, capped at par plus 14%; par if the lesser performing index falls by up to 10%; 1% loss for every 1% decline in the lesser performing index beyond 10%
Initial values:	2,816.29 for S&P, 1,670.805 for Russell
Buffer levels:	2,534.661 for S&P, 1,503.7245 for Russell; 90% of initial levels
Pricing date:	July 31
Settlement date:	Aug. 3
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.68%
Cusip:	22550WZ42

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