Credit Suisse to price autocallables linked to S&P 500, Russell 2000

New York, Dec. 7 – Credit Suisse AG, London Branch plans to price 0% autocallable securities due Dec. 23, 2019 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus a premium of 10.2% to 10.6% per year if each index closes at or above its initial level on any annual observation date. The exact premium will be set at pricing.

If the notes are not called at maturity, the payout at maturity will be par plus 10% unless either index closes at or below its knock-in level, 70% of its initial level, in which case the payout will be par plus the return of the lesser-performing index, subject to a maximum payout of par.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on Dec. 11 and settle on Dec. 18.

The Cusip number is 22546VS80.

The estimated initial value is between $935 and $965 per $1,000 principal amount.

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