New Issue: Credit Suisse prices $1.17 million return enhanced notes on S&P 500

By Marisa Wong

Morgantown, W.Va., Jan. 27 – Credit Suisse AG, London Branch priced $1.17 million of 0% return enhanced notes due Feb. 15, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any gain in the index, up to a maximum return of 17.43%. Investors will be exposed to all losses.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.

Issuer:	Credit Suisse AG, London Branch
Issue:	Return enhanced notes
Underlying index:	S&P 500
Amount:	$1.17 million
Maturity:	Feb. 15, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple index return, subject to 17.43% maximum return; if index return is negative, full exposure to decline
Initial level:	1,906.90
Pricing date:	Jan. 22
Settlement date:	Jan. 27
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	1%
Cusip:	22546VUU8

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