New Issue: Credit Suisse prices $8.04 million leveraged notes tied to index basket

By Marisa Wong

Madison, Wis., April 20 – Credit Suisse AG, London Branch priced $8.04 million of 0% leveraged notes due Oct. 20, 2016 linked to a 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 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par plus double the basket return, subject to a maximum payout of $1,262 per $1,000 principal amount of notes.

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 indexes:	Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$8,035,000
Maturity:	Oct. 20, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 2 times the basket return, return capped at 26.2%; full exposure to losses
Initial index levels:	3,751.72 for Euro Stoxx 50; 7,060.45 for FTSE 100; 1,599.42 for Topix; 9,398.60 for Swiss Market; 5,947.473 for S&P/ASX 200
Pricing date:	April 16
Settlement date:	April 23
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.34%
Cusip:	22546VBQ8

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