New Issue: Credit Suisse prices $3.15 million 5.5% buffered notes linked to index, ETF

By Angela McDaniels

Tacoma, Wash., May 22 – Credit Suisse AG, London Branch priced $3.15 million of 5.5% coupon buffered securities due Aug. 26, 2016 linked to the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

If the return of the worst-performing underlying component is negative 15% or greater, the payout at maturity will be par. Otherwise, investors will lose 1.1765% for every 1% that the worst-performing underlying component declines beyond 15%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Coupon buffered securities
Underlying components:	Russell 2000 index and iShares MSCI EAFE ETF
Amount:	$3.15 million
Maturity:	Aug. 26, 2016
Coupon:	5.5%, payable monthly
Price:	Par
Payout at maturity:	If worst-performing underlying component’s final level is 85% or more of its initial level, par; otherwise, 1.1765% loss for every 1% that worst-performing underlying component declines beyond 15%
Initial levels:	1,257.737 for index and $68.08 for ETF
Pricing date:	May 20
Settlement date:	May 26
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22546VE36

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