New Issue: Credit Suisse prices $3.2 million Bares on basket of three indexes

By Wendy Van Sickle

Columbus, Ohio, Sept. 21 – Credit Suisse AG, London Branch priced $3.2 million of 0% Buffered Accelerated Return Equity Securities due Sept. 20, 2018 tied to the S&P 500 index with a 70% weight and the Russell 2000 index and the S&P Midcap 400 index, each with a 15% weight, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par plus double the basket return, capped at 20%. Investors will receive par if the basket falls by up to 10% and lose 1% for every 1% decline in the basket beyond 10%.

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 (70% weight), Russell 2000 (15% weight) and S&P 400 Midcap (15% weight)
Amount:	$3,202,000
Maturity:	Sept. 20, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of basket gain, capped at 20%; par if basket falls by up to 10%; 1% loss for every 1% decline in basket beyond 10%
Initial index levels:	2,139.16 for S&P 500, 1,224.779 for Russell 2000 and 1,529.96 for S&P Midcap 400
Pricing date:	Sept. 16
Settlement date:	Sept. 21
Underwriters:	Credit Suisse Securities (USA) LLC
Fees:	0.65%
Cusip:	22548QHA6

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