New Issue: Credit Suisse sells $3.7 million leveraged buffered notes tied to iShares MSCI EM

By Susanna Moon

Chicago, Oct. 18 – Credit Suisse AG, London Branch priced $3.7 million of 0% leveraged buffered notes due Oct. 17, 2019 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any fund gain, up to a maximum settlement amount of $1,169.50 per $1,000 principal amount.

Investors will receive par if the fund falls by up to 20% and will lose 1.25% for each 1% decline beyond 20%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged buffered notes
Underlying fund:	iShares MSCI Emerging Markets ETF
Amount:	$3.7 million
Maturity:	Oct. 17, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any fund gain, capped at 16.95%; if fund falls by up to 20%, par; otherwise, 1.25% loss per 1% decline beyond 20%
Initial level:	$46.26
Barrier level:	80% of initial level
Pricing date:	Oct. 11
Settlement date:	Oct. 18
Agent:	Credit Suisse Securities (USA) LLC
Fees:	2%
Cusip:	22550BLA9

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