New Issue: Credit Suisse prices $828,000 accelerated barrier notes tied to S&P 500, Russell 2000

By Angela McDaniels

Tacoma, Wash., June 4 - Credit Suisse AG, London Branch priced $828,000 of 0% accelerated barrier notes due June 4, 2018 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of the least-performing index is equal to or greater than its initial level, the payout at maturity will be par plus 145% of the return of that index. Investors will receive par if the least-performing index falls by up to 40% and will be fully exposed to the decline of the least-performing index if it falls by more than 40%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying indexes:	S&P 500, Russell 2000
Amount:	$828,000
Maturity:	June 4, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If return of least-performing index is positive, par plus 145% of gain in that index; par if least-performing index falls by up to 40%; exposure to loss from initial level if least-performing index falls by more than 40%
Initial index levels:	1,923.57 for S&P 500 and 1,134.50 for Russell 2000
Knock-in levels:	1,154.142 for S&P 500 and 680.70 for Russell 2000, 60% of initial levels
Pricing date:	May 30
Settlement date:	June 4
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	1%
Cusip:	22547QMP8

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