New Issue: Credit Suisse prices $35.62 million autocallable market-linked step-up notes on Euro Stoxx

New York, Feb. 2 – Credit Suisse AG, London Branch priced $35,622,370 of 0% autocallable market-linked step-up notes due Jan. 26, 2018 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par of $10 plus a call premium of 12.01% if the index closes at or above the initial level on Feb. 5, 2016 or 24.02% if it closes at or above the initial level on Jan. 20, 2017.

If the index finishes at or above the initial level, the payout at maturity will be par of $10 plus the greater of the step-up payment and the index return. The step-up payment is 35%.

Investors will share in any losses.

BofA Merrill Lynch is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable market-linked step-up notes
Underlying index:	Euro Stoxx 50
Amount:	$35,622,370
Maturity:	Jan. 26, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index finishes above step-up value, par plus index return; if index stays flat or gains but finishes at or below step-up value, par plus 35%; exposure to losses
Call:	Automatically at par plus call premium of 12.01% if the index closes at or above the initial level on Feb. 5, 2016 or 24.02% if it closes at or above the initial level on Jan. 20, 2017
Initial index level:	3,371.83
Step-up value:	4,551.97, 135% of initial value
Pricing date:	Jan. 29
Settlement date:	Feb. 5
Underwriter:	BofA Merrill Lynch
Fees:	2%
Cusip:	22548D880

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