Credit Suisse plans callable contingent income notes on three indexes

New York, April 10 – Credit Suisse AG, London Branch plans to price callable contingent income securities due Oct. 16, 2020 linked to the lesser performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

Each quarter, the notes will pay a contingent quarterly coupon at an annual rate of 10.5% if each index closes at or above its coupon barrier level, 70% of its initial index level, on each trading date of that quarter.

Credit Suisse may call the notes at par plus any coupon on any quarterly redemption date beginning on July 18, 2018.

If each index finishes at or above its 70% knock-in level, the payout at maturity will be par plus the final contingent coupon. If the final level of any index is less than the knock-in level, investors will lose 1% for each 1% decline of the least-performing index from its initial level.

Credit Suisse Securities (USA) LLC is the agent, with Morgan Stanley Smith Barney LLC handling distribution.

The notes are expected to price on April 13 and settle on April 18.

The Cusip number is 22550WPB7.

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