New Issue: Credit Suisse prices $855,000 8.25% autocallable coupon buffered notes on three stocks

By Wendy Van Sickle

Columbus, Ohio, Oct. 12 – Credit Suisse AG, London Branch priced $855,000 of 8.25% autocallable coupon buffered securities due Oct. 4, 2021 linked to the stocks of Walmart Inc., Coca-Cola Co. and Visa Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes will be automatically called at par if each stock closes at or above its initial level on quarterly trigger observation date.

The payout at maturity will be par unless any stock closes below the 80% buffer, in which case investors will lose 1.25% for each 1% loss of the least performing stock beyond 20%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable coupon buffered securities
Underlying stocks:	Walmart Inc., Coca-Cola Co. and Visa Inc.
Amount:	$855,000
Maturity:	Oct. 4, 2021
Coupon:	8.25% annual rate, paid quarterly
Price:	Par
Payout at maturity:	Par unless any stock closes below the buffer, in which case 1.25% loss for each 1% decline of least performing stock beyond 20%
Call:	Automatically at par if each stock closes at or above initial level on a quarterly trigger observation date
Initial levels:	$136.70 for Walmart, $48.70 for Coca-Cola, $195.52 for Visa
Buffer levels:	$109.36 for Walmart, $38.96 for Coca-Cola, $156.416 for Visa, 80% of initial levels
Pricing date:	Sept. 25
Settlement date:	Oct. 2
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0%
Cusip:	22550MKQ1

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