New Issue: Credit Suisse prices $2.44 million Accelerated Return Securities on index basket

By Marisa Wong

Madison, Wis., March 28 - Credit Suisse AG, London Branch priced $2.44 million of 0% Accelerated Return Securities due Sept. 29, 2017 linked to equal weights of the Hang Seng China Enterprises index, MSCI Taiwan index, Hang Seng index and Korea Stock Price Index 200, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is zero or positive, the payout at maturity will be par plus 132% of the return.

Investors will receive par if the basket falls by up to 25% and will be fully exposed to losses from the initial level if the basket drops below the 75% trigger level.

Barclays is the placement agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated Return Securities
Underlying basket:	Hang Seng China Enterprises index, MSCI Taiwan index, Hang Seng index and Korea Stock Price Index 200; equally weighted
Amount:	$2,439,000
Maturity:	Sept. 29, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 132% of any basket gain; par if basket falls by up to 25%; full exposure to losses from initial level if basket drops below 75% trigger level
Initial index levels:	9,849.63 for Hang Seng China, 308.01 for MSCI Taiwan, 21,887.75 for Hang Seng, 255.08 for Kospi
Pricing date:	March 26
Settlement date:	March 31
Agent:	Barclays (placement)
Fees:	2.75%
Cusip:	22547QK47

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