Credit Suisse plans contingent coupon autocallables linked to Keurig

By Susanna Moon

Chicago, Nov. 13 – Credit Suisse AG plans to price contingent coupon autocallable yield notes due Nov. 21, 2016 linked to Keurig Green Mountain, Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 13.5% if Keurig stock closes at or above the 70% coupon barrier level on the observation date for that quarter.

The notes will be called at par if the stock closes at or above the initial share price on any quarterly observation date.

If the stock finishes at or above the 70% knock-in level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

The exact terms will be set at pricing.

Incapital LLC is the placement agent.

The notes will price on Nov. 18 and settle on Nov. 21.

The Cusip number is 22547QWX0.

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