New Issue: Credit Suisse prices $785,000 Bares due 2019 linked to S&P, Russell

By Tali Rackner

Norfolk, Va., Oct. 7 – Credit Suisse AG, London branch priced $785,000 of 0% Buffered Accelerated Return Equity Securities due Oct. 9, 2019 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return is of each index is positive, the payout at maturity will be par plus 125% of the lesser performing index’s return.

Investors will receive par if the lesser performing index falls by up to 20% and lose 1% for every 1% decline in the lesser performing index beyond 20%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$785,000
Maturity:	Oct. 9, 2019
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If each index’s return is positive, par plus 125% of the return of the lesser performing index; par if either index falls by up to 20%; 1% loss for every 1% decline in the lesser performing index beyond 20%
Initial index levels:	2,150.49 for S&P, 1,239.778 for Russell
Pricing date:	Oct. 4
Settlement date:	Oct. 7
Underwriters:	Credit Suisse Securities (USA) LLC
Fees:	0.7%
Cusip:	22548QJG1

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