New Issue: Credit Suisse prices $5.91 million 5.25% autocallable notes linked to Russell, iShares EAFE

By Angela McDaniels

Tacoma, Wash., July 29 – Credit Suisse AG, London Branch priced $5.91 million of 5.25% autocallable coupon buffered securities due Jan. 30, 2017 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 semiannually.

The notes will be automatically called at par if each underlying component closes at or above its initial level on Jan. 26, 2016 or July 26, 2016.

If the notes are not called and the return of the worst-performing underlying component is negative 20% or greater, the payout at maturity will be par. Otherwise, investors will lose 1.25% for every 1% that the worst-performing underlying component declines beyond 20%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable coupon buffered securities
Underlying components:	Russell 2000 index and iShares MSCI EAFE ETF
Amount:	$5,907,000
Maturity:	Jan. 30, 2017
Coupon:	5.25%, payable semiannually
Price:	Par
Payout at maturity:	If return of worst-performing underlying component is negative 20% or greater, par; otherwise, 1.25% loss for every 1% that worst-performing underlying component declines beyond 20%
Call:	Automatically at par if each underlying component closes at or above initial level on Jan. 26, 2016 or July 26, 2016
Initial levels:	$63.42 for ETF and 1,214.694 for index
Pricing date:	July 27
Settlement date:	July 30
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	0.4%
Cusip:	22546VHM1

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