New Issue: Credit Suisse prices $9.95 million Bares linked to S&P 500

By Angela McDaniels

Tacoma, Wash., April 30 – Credit Suisse AG, London Branch priced $9.95 million of 0% Buffered Accelerated Return Equity Securities due Nov. 1, 2018 linked to the S&P 500, 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 123% of the index return. Investors will receive par if the index falls by up to 10% and lose 1.1111% for every 1% decline in the index beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying index:	S&P 500
Amount:	$9,945,000
Maturity:	Nov. 1, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 123% of the index return; par if index falls by up to 10%; 1.1111% loss for every 1% decline in the index beyond 10%
Initial index level:	2,108.92
Pricing date:	April 28
Settlement date:	May 1
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	1%
Cusip:	22546VCR5

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