New Issue: Credit Suisse sells $12.4 million market-linked step-up notes tied to Euro Stoxx 50

By Susanna Moon

Chicago, June 1 – Credit Suisse AG, London Branch priced $12.4 million of 0% market-linked step-up notes due May 25, 2018 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 – 125.25% 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 return of 25.25%.

Investors will be exposed to any losses.

BofA Merrill Lynch is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Market-linked step-up notes
Underlying index:	Euro Stoxx 50
Amount:	$12,398,890
Maturity:	May 25, 2018
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	If the index finishes above the step-up value, par plus the index gain; if the index finishes at or below the step-up level but at or above the initial level, par plus 25.25%; exposure to any losses
Initial level:	3,071.21
Step-up value:	3,846.69, 125.25% of initial level
Pricing date:	May 26
Settlement date:	June 3
Underwriter:	BofA Merrill Lynch
Fees:	2%
Cusip:	22547V840

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