New Issue: Credit Suisse sells $600,000 buffered return enhanced notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, April 6 – Credit Suisse AG, London Branch priced $600,000 of buffered return enhanced notes due April 22, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial value, the payout at maturity will be par plus 2 times the gain, up to a 9.18% maximum gain.

If the index declines by up to 15%, the payout will be par. Investors will be exposed to any losses beyond 15%.

The agent is J.P. Morgan Securities LLC.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered return enhanced notes
Underlying index:	S&P 500 index
Amount:	$600,000
Maturity:	April 22, 2019
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 2 times any index gain, up to 9.18% maximum gain; par if index declines by up to 15%; exposure to losses beyond 15%
Initial level:	2,644.69
Pricing date:	April 4
Settlement date:	April 11
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	22550WNW3

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