New Issue: Credit Suisse prices $8.48 million 5.2% coupon buffered autocallables on index, ETF

By Marisa Wong

Madison, Wis., June 26 – Credit Suisse AG, London Branch priced $8.48 million of 5.2% coupon buffered securities due Dec. 29, 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 will be payable quarterly.

The notes will be called if each component closes above its initial level on any quarterly observation date.

If the notes are not called, the payout at maturity will be par unless either component finishes below the 80% buffer level, in which case investors will lose 1.25% for every 1% decline of the worst performing component beyond 20%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable coupon buffered securities
Underlying components:	Russell 2000 index and the iShares MSCI EAFE ETF
Amount:	$8,483,000
Maturity:	Dec. 29, 2016
Coupon:	5.2%, payable quarterly
Price:	Par
Payout at maturity:	Par unless worst performing component falls by more than 20%, in which case 1.25% loss per each 1% decline of worst performing component beyond 20%
Call:	If each component closes above initial level on any quarterly observation date
Initial levels:	1,295.799 for Russell, $67.49 for EAFE fund
Buffer:	20%
Pricing date:	June 24
Settlement date:	June 29
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.4%
Cusip:	22546VG34

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