New Issue: Credit Suisse prices $15.38 million Accelerated Return Notes linked to JPX-Nikkei 400

By Angela McDaniels

Tacoma, Wash., July 20 – Credit Suisse AG, London Branch priced $15.38 million of 0% Accelerated Return Notes due Jan. 27, 2017 linked to the JPX-Nikkei Index 400 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 of $10 plus 300% of the index return, subject to a maximum return of 18%. If the index return is negative, investors will be fully exposed to the decline.

BofA Merrill Lynch is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated Return Notes
Underlying index:	JPX-Nikkei Index 400
Amount:	$15,381,500
Maturity:	Jan. 27, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at 18%; exposure to any index decline
Initial index level:	14,999.11
Final index level:	Average of index’s closing levels on five trading days ending Jan. 24, 2017
Pricing date:	July 16
Settlement date:	July 21
Underwriters:	BofA Merrill Lynch
Fees:	2%
Cusip:	22548D484

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