New Issue: Credit Suisse sells $4.50 million return enhanced notes on S&P 500

By Marisa Wong

Morgantown, W.Va., Feb. 16 – Credit Suisse AG, London Branch priced $4,495,000 of 0% return enhanced notes due Feb. 22, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 2 times the index gain, subject to a maximum return of 15.1%. Investors will be fully exposed to any index decline.

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

Issuer:	Credit Suisse AG, London Branch
Issue:	Return enhanced notes
Underlying index:	S&P 500
Amount:	$4,495,000
Maturity:	Feb. 22, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2 times any index gain, with return capped at 15.1%; full exposure to losses
Initial level:	2,695.14
Final level:	Average of closing levels on five averaging dates ending Feb. 19, 2019
Pricing date:	Feb. 6
Settlement date:	Feb. 9
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	1%
Cusip:	22550WDN4

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