New Issue: Credit Suisse prices $2.87 million knock-out notes on Euro Stoxx 50

By Jennifer Chiou

New York, Oct. 29 - Credit Suisse AG, London Branch priced $2,866,000 of 0% knock-out notes due Oct. 30, 2018 linked to Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

A knock-out event occurs if the index finishes below its 60% trigger level.

If a knock-out event does not occur, the payout at maturity will be par plus the greater of 155% of any index gain and a contingent minimum return of 0%.

Otherwise, the payout will be par plus the index return, with exposure to any losses.

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

Issuer:	Credit Suisse AG, London Branch
Issue:	Knock-out notes
Underlying index:	Euro Stoxx 50
Amount:	$2,866,000
Maturity:	Oct. 30, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above 60% of trigger level, par plus greater of 155% of any index gain and a contingent minimum return of 0%; otherwise, par plus index return, with full exposure to losses
Initial index level:	3,034.50
Knock-out buffer level:	1,820.70, 60% of initial level
Final index level:	Average of closing index on five trading days ending Oct. 25, 2018
Pricing date:	Oct. 25
Settlement date:	Oct. 30
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	3%
Cusip:	22547QCM6

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