New Issue: Credit Suisse sells $250,000 11.3% autocallable yield notes on stocks

By Sarah Lizee

Olympia, Wash., June 18 – Credit Suisse AG, London Branch priced $250,000 of 11.3% autocallable yield notes due June 21, 2021 linked to the least performing of the shares of Boeing Co., Deere & Co. and 3M Co., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes will be called at par if each stock closes at or above its initial level on any monthly trigger observation date after one year.

The payout at maturity will be par unless any stock finishes below its 70% knock-in level, in which case investors will be fully exposed to any losses of the least-performing stock.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable yield notes
Underlying stocks:	Boeing Co., Deere & Co., and 3M Co.
Amount:	$250,000
Maturity:	June 21, 2021
Coupon:	11.3% per year, payable monthly
Price:	Par
Payout at maturity:	Par unless any stock finishes below knock-in level, in which full exposure to the losses of the least performing stock
Call:	Automatically if each stock closes at or above initial level on any monthly trigger observation date after one year
Initial prices:	$348.86 for Boeing, $151.53 for Deere, $168.85 for 3M
Knock-in levels:	$244.202 for Boeing, $106.071 for Deere, $118.195 for 3M; 70% of initial levels
Pricing date:	June 14
Settlement date:	June 19
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.4%
Cusip:	22552FK92

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