New Issue: Credit Suisse prices $1.75 million buffered notes on MSCI EM index

By Marisa Wong

Morgantown, W.Va., Aug. 17 – Credit Suisse AG, London Branch priced $1.75 million of 0% buffered notes due Sept. 3, 2019 tied to the MSCI Emerging Markets 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 the index return, capped at 16.8%.

Investors will receive par if the index falls by up to 10% and lose 1.1111% for every 1% decline in the index beyond 10%.

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

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered index-linked notes
Underlying index:	MSCI Emerging Markets index
Amount:	$1.75 million
Maturity:	Sept. 3, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus index return, capped at 16.8%; par if index falls by up to 10%; 1.1111% loss for every 1% decline in index beyond 10%
Initial index level:	1,042.56
Final level:	Average of index closing levels on five trading days ending Aug. 28, 2019
Pricing date:	Aug. 14
Settlement date:	Aug. 17
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	1%
Cusip:	22551L4L1

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