New Issue: Credit Suisse prices $893,000 10% autocallable yield notes on gold ETF

By Jennifer Chiou

New York, Oct. 17 – Credit Suisse AG, London Branch priced $893,000 of 10% autocallable yield notes due Oct. 20, 2015 linked to the Market Vectors Gold Miners exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes will called at par plus accrued interest if the fund closes at or above its initial level on Jan. 14, April 15 or July 15, 2015.

The payout at maturity will be par unless the fund ever closes below the 70% barrier level during life of the notes and finishes below the initial level, in which case the payout will be par plus the return with full exposure to any losses.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable yield notes
Underlying fund:	Market Vectors Gold Miners ETF
Amount:	$893,000
Maturity:	Oct. 20, 2015
Coupon:	10%, payable monthly
Price:	Par
Payout at maturity:	If fund ever falls by more than 30% during life of the notes and finishes below the initial level, par plus return with exposure to any losses; otherwise, par
Call:	At par plus accrued interest if the fund closes at or above its initial level on Jan. 14, April 15 or July 15, 2015
Initial level:	$21.45
Knock-in level:	$15.015, 70% of initial level
Pricing date:	Oct. 15
Settlement date:	Oct. 20
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.6%
Cusip:	22547QUV6

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