New Issue: Credit Suisse sells $1.32 million leveraged basket linked notes

By Wendy Van Sickle

Columbus, Ohio, April 26 – Credit Suisse AG, London Branch priced $1.32 million of 0% leveraged notes due Nov. 20, 2023 linked to a weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with an 11% weight and the S&P/ASX 200 index with a 8% weight.

If the basket gains or finishes flat, the payout at maturity will be par plus triple the basket gain up with a maximum payout of par plus 39%.

Investors will be fully exposed to any basket decline.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged basket-linked notes
Underlying assets:	Euro Stoxx 50 index (36%), Topix index (29%), FTSE 100 index (16%), Swiss Market index (11%), S&P/ASX 200 index (8%)
Amount:	$1,319,000
Maturity:	Nov. 20, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus three times basket gain, up to par plus 39%; otherwise, 1% loss for every 1% decline from initial level
Initial levels:	3,928.03 for Stoxx, 1,928.0 for Topix, 7,627.95 for FTSE, 12,301.33 for Swiss, 7,592.89 for S&P/ASX 200
Pricing date:	April 21
Settlement date:	April 28
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22553PT74

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