New Issue: Credit Suisse prices $832,000 contingent coupon callable yield notes linked to indexes

By Susanna Moon

Chicago, Oct. 28 – Credit Suisse AG, London Branch priced $832,000 of contingent coupon callable yield notes due Oct. 31, 2017 linked to the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent semiannual coupon of 8% annualized if each index closes at or above its barrier level, 70% of the initial level, on any semiannual observation date.

The notes will be callable at par plus the contingent coupon on any interest payment date.

The payout at maturity will be par unless either index finishes below its 70% knock-in level, in which case investors will be fully exposed to any losses of the worst performing index.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Contingent coupon callable yield notes
Underlying indexes:	Russell 2000 and Euro Stoxx 50
Amount:	$832,000
Maturity:	Oct. 31, 2017
Coupon:	8%, payable semiannually if each index closes at or above its barrier level on observation date for that period
Price:	Par
Payout at maturity:	If either index falls below knock-in level, par plus return of worst performing index; otherwise, par
Call option:	At par plus coupon on any interest payment date
Initial levels:	3,030.37 for Euro Stoxx, 1,118.824 for Russell
Barrier levels:	2,121.259 for Euro Stoxx, 783.177 for Russell; 70% of initial levels
Pricing date:	Oct. 24
Settlement date:	Oct. 31
Agent:	Credit Suisse Securities (USA) LLC
Fees:	2.2%
Cusip:	22547QTZ9

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