New Issue: Credit Suisse sells $1.02 million buffered accelerated return notes on Russell

By Sarah Lizee

Olympia, Wash., June 4 – Credit Suisse AG, London Branch priced $1.02 million of 0% buffered accelerated return equity securities due Sept. 5, 2019 linked to the Russell 2000 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 250% of the index return up to a 13.75% cap.

Investors will receive par if the index falls by 5% or less and will lose 1% for every 1% decline beyond 5%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered accelerated return equity securities
Underlying index:	Russell 2000
Amount:	$1,022,000
Maturity:	Sept. 5, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 250% of index return, up to 13.75% cap; par if index declines by 5% or less; 1% loss for every 1% index declines beyond 5%
Initial index level:	1647.989
Pricing date:	May 30
Settlement date:	June 4
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	0.5%
Cusip:	22550WTX5

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