New Issue: Credit Suisse prices $500,000 barrier notes linked to U.S. Oil Fund

By Marisa Wong

Morgantown, W.Va., Feb. 23 – Credit Suisse AG, London Branch priced $500,000 of 0% barrier notes due Feb. 22, 2019 linked to the United States Oil Fund LP, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund finishes at or above the initial level, the payout at maturity will be par plus the gain, up to an underlying return cap of 75%.

If the fund finishes above the 50% knock-in level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Barrier notes
Underlying fund:	United States Oil Fund LP
Amount:	$500,000
Maturity:	Feb. 22, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If the fund finishes at or above the initial level, par plus the gain, up to an underlying return cap of 75%; if the fund finishes above the 50% knock-in level, par; otherwise, investors will be fully exposed to any losses
Initial price:	$8.55
Knock-in level:	$4.275, 50% of initial price
Pricing date:	Feb. 19
Settlement date:	Feb. 24
Agent:	Credit Suisse Securities (USA) LLC
Fees:	3.05%
Cusip:	22546VVZ6

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