Credit Suisse plans accelerated barrier notes due 2018 tied to the Dow

By Marisa Wong

Madison, Wis., Dec. 26 - Credit Suisse AG plans to price 0% accelerated barrier notes due Feb. 5, 2018 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 132% to 137% of the index return. The exact upside participation rate will be set at pricing.

If the final index level is less than the initial level but greater than the knock-in level, the payout will be par. The knock-in level is expected to be 70% of the initial index level.

If the final index level is less than or equal to the knock-in level, investors will lose 1% for every 1% that the final index level is less than the initial level.

Credit Suisse Securities (USA) LLC is the underwriter.

The notes are expected to price Jan. 31 and settle Feb. 5.

The Cusip number is 22547QF84.

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