Credit Suisse plans to price buffered notes due 2020 on EOG Resources

By Sarah Lizee

Olympia, Wash., April 16 – Credit Suisse AG, London Branch plans to price 0% buffered notes due May 5, 2020 linked to the common stock of EOG Resources, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock closes at or above 85% of its initial level, the payout at maturity will be par of $1,000 plus 11.2%.

If the stock declines by more than 15%, investors will lose 1.17647% for each 1% decline of the stock beyond the buffer.

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

The notes will price on April 18.

The Cusip number is 22552FB68.

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