New Issue: Credit Suisse prices $1.93 million contingent coupon autocallable yield notes on S&P 500

Chicago, Sept. 3 – Credit Suisse, London Branch priced $1.93 million of contingent coupon autocallable yield notes due Aug. 21, 2020 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

A quarterly contingent coupon at an annualized rate of 8.15% will be paid if the index closes above its 80% coupon barrier level on the relevant observation date.

If on any observation date, except the final date, the index closes above its initial level, the notes will be automatically called at par plus the coupon.

Investors will receive par unless the index closes below its 80% knock-in level, in which case investors will be fully exposed to the losses of the index.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the placement agents.

Issuer:	Credit Suisse, London Branch
Issue:	Contingent coupon autocallable yield notes
Underlying index:	S&P 500
Amount:	$1,925,000
Maturity:	Aug. 21, 2020
Coupon:	8.15% annual rate, payable quarterly if index closes above 80% coupon barrier level on relevant observation date
Price:	Par
Payout at maturity:	Par unless index closes below 80% knock-in level, in which case full exposure to losses of index
Call:	Par plus the coupon if on any observation date except the final one index closes above initial level
Initial level:	2844.74
Coupon barrier level:	2275.79, 80% of initial level
Knock-in level:	2275.79, 80% of initial level
Pricing date:	Aug. 5
Settlement date:	Aug. 8
Agent:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	1%
Cusip:	22552FSJ2

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