New Issue: Credit Suisse sells $4.91 million accelerated barrier notes on indexes

By Sarah Lizee

Olympia, Wash., April 3 – Credit Suisse AG, London Branch priced $4.91 million of 0% accelerated barrier notes due March 30, 2023 linked to the Nasdaq-100 index, Dow Jones industrial average and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 182.5% of the return of the worst performing index.

If any index falls but both indexes finish at or above the 50% knock-in level, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the worst performing index.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier securities
Underlying indexes:	Nasdaq-100 index, Dow Jones industrial average and S&P 500 index
Amount:	$4,905,000
Maturity:	March 30, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 182.5% of the return of the worst performing index; if any index falls but both indexes finish at or above the knock-in level, par; otherwise, investors will be fully exposed to the decline of the worst performing index
Initial levels:	2,447.33 for S&P, 20,704.91 for Dow, 7,553.825 for Nasdaq
Knock-in levels:	1,223.665 for S&P, 10,352.455 for Dow, 3,776.9125 for Nasdaq; 50% of initial levels
Pricing date:	March 25
Settlement date:	March 30
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.75%
Cusip:	22551NVY9

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