New Issue: Credit Suisse sells $1.44 million accelerated barrier notes on indexes

By Susanna Moon

Chicago, June 19 – Credit Suisse AG, London Branch priced $676,000 of 0% accelerated barrier securities due June 3, 2021 linked to the least performing of the Dow Jones industrial average and the Russell 2000 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 200% of the return of the worse performing index.

If either index falls but each index finishes above its knock-in level, 70% of its initial level, the payout will be par.

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

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier securities
Underlying indexes:	Dow Jones industrial average, Russell 2000
Amount:	$1,437,000
Maturity:	June 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above initial level, par plus 200% of worse performing return; if either index falls but each index finishes above knock-in level, par; otherwise, full exposure to losses of worse performing index
Initial levels:	1,370.208 for Russell, 21,008.65 for Dow
Knock-in levels:	959.1456 for Russell, 14,706.055 for Dow; 70% of initial levels
Pricing date:	May 31
Settlement date:	June 5
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.7%
Cusip:	22550B2Z5

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