New Issue: Credit Suisse prices $21.36 million Accelerated Return Notes linked to index basket

By Angela McDaniels

Tacoma, Wash., Aug. 3 – Credit Suisse AG, London Branch priced $21.36 million of 0% Accelerated Return Notes due Sept. 30, 2016 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei Stock Average index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

If the basket return is positive, the payout at maturity will be par of $10 plus 300% of the basket return, subject to a maximum return of 13.5%. If the basket return is negative, investors will be fully exposed to the decline.

BofA Merrill Lynch is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated Return Notes
Underlying indexes:	Euro Stoxx 50 (40% weight), FTSE 100 (20% weight), Nikkei Stock Average (20% weight), Swiss Market (7.5% weight), S&P/ASX 200 (7.5% weight) and Hang Seng (5% weight)
Amount:	$21,363,290
Maturity:	Sept. 30, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any basket gain, capped at 13.5%; exposure to any basket decline
Final basket level:	Average of basket’s closing levels on five trading days ending Sept. 27, 2016
Pricing date:	July 30
Settlement date:	Aug. 6
Underwriters:	BofA Merrill Lynch
Fees:	2%
Cusip:	22548D542

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