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Published on 7/8/2019 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $236,000 CS notes linked to US Balanced 5% ER

By Angela McDaniels

Tacoma, Wash., July 8 – Credit Suisse AG, London Branch priced $236,000 of 0% CS notes due June 30, 2022 linked to the Credit Suisse US Balanced 5% ER index, according to a 424B2 filing with the Securities and Exchange.

If the index finishes above its initial level, the payout at maturity will be par plus 110% of the index return. If the index finishes flat or falls, the payout will be par.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:CS notes
Underlying index:Credit Suisse US Balanced 5% ER
Amount:$236,000
Maturity:June 30, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 110% of any index gain; if index remains flat or declines, par
Initial level:226.1615
Pricing date:June 25
Settlement date:June 28
Agent:Credit Suisse Securities (USA) LLC
Fees:3%
Cusip:22552FHK1

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