New Issue: Credit Suisse prices $1.65 million review notes linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Aug. 12 – Credit Suisse AG, London Branch priced $1.65 million of 0% review notes due Aug. 13, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a premium of 7% per year if the index closes at or above its initial level on any semiannual review date beginning on Aug. 23, 2016.

The payout at maturity will be par unless the index falls by more than the knock-out buffer of 35%, in which case investors will be fully exposed to any losses.

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

Issuer:	Credit Suisse AG, London Branch
Issue:	Review notes
Underlying index:	Euro Stoxx 50
Amount:	$1.65 million
Maturity:	Aug. 13, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par unless the index falls by more than the knock-out buffer of 35%, in which case investors will be fully exposed to any losses
Call:	Automatically at par plus a premium of 7% per year if index closes at or above its initial level on any semiannual review date beginning Aug. 23, 2016
Initial level:	3,637.80
Knock-out level:	2,364.57, 65% of initial level
Pricing date:	Aug. 7
Settlement date:	Aug. 12
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	2%
Cusip:	22546VJT4

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