New Issue: Credit Suisse sells $3.16 million accelerated return notes on S&P 500

By Emma Trincal

New York, Oct. 30 – Credit Suisse AG, London Branch priced $3,163,000 of 0% Accelerated Return Equity Securities due Dec. 30, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus triple the index return, subject to a cap of 12.9%.

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:	$3,163,000
Maturity:	Dec. 30, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple the return, capped at 12.9%; 1% loss for every 1% decline
Initial level:	2,641.25
Pricing date:	Oct. 29
Settlement date:	Oct. 30
Agent:	Credit Suisse Securities (USA) LLC
Fees:	2.35%
Cusip:	22551LGJ3

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