New Issue: Credit Suisse sells $728,000 leveraged buffered notes on iShares EM

By Marisa Wong

Morgantown, W.Va., Nov. 6 – Credit Suisse AG, London Branch priced $728,000 of 0% leveraged buffered notes due Oct. 31, 2019 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus 160% of the ETF return, subject to a maximum settlement amount of $1,317.60 for each $1,000 note.

Investors will receive par if the ETF falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged buffered notes
Underlying ETF:	iShares MSCI Emerging Markets ETF
Amount:	$728,000
Maturity:	Oct. 31, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If ETF return is positive, par plus 160% of ETF return, capped at par plus 31.76%; par if ETF falls by up to 10%; 1.1111% loss for every 1% decline beyond 10%
Initial price:	$46.14
Pricing date:	Oct. 27
Settlement date:	Nov. 3
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22550BM34

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