New Issue: Credit Suisse sells $3 million of Bares linked to midcap, Russell funds

By Susanna Moon

Chicago, Feb. 14 – Credit Suisse AG, London branch priced $3 million of 0% Buffered Accelerated Return Equity Securities due Aug. 5, 2019 linked to a basket consisting of the SPDR S&P Midcap 400 exchange-traded fund and the iShares Russell 2000 ETF, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any basket gain up to a return cap of 17.05%.

Investors will receive par if the basket falls by up to 10% and will be exposed to any losses beyond beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying basket:	SPDR S&P Midcap 400 ETF and iShares Russell 2000 ETF, equally weighted
Amount:	$3,002,000
Maturity:	Aug. 5, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any basket up to return cap of 17.05%; par if basket falls by up to 10%; 1% loss for each 1% decline beyond 10%
Initial levels:	$355 for midcap fund, $156.36 for Russell fund
Pricing date:	Jan. 31
Settlement date:	Feb. 5
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22550W7J0

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