New Issue: Credit Suisse prices $28.77 million market-linked step-up notes linked to Euro Stoxx

New York, Feb. 2 – Credit Suisse AG, London Branch priced $28.77 million of 0% market-linked step-up notes due Jan. 27, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above the step-up value – 118.61% of the initial level – the payout at maturity will be par plus the index gain.

If the index finishes at or below the step-up level but at or above the initial level, the payout will be par plus the step-up payment of 18.61%.

Investors will be fully exposed to any index decline.

BofA Merrill Lynch is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Market-linked step-up notes
Underlying index:	Euro Stoxx 50 index
Amount:	$28,771,020
Maturity:	Jan. 27, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes above step-up value, par plus index return; if index finishes at or below step-up value but at or above initial level, par plus 18.61%; full exposure to any losses
Initial level:	3,371.83
Step-up value:	3,999.33, 118.51% of initial level
Pricing date:	Jan. 29
Settlement date:	Feb. 5
Underwriter:	BofA Merrill Lynch
Fees:	2%
Cusip:	22548D104

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