New Issue: Credit Suisse prices $7.78 million 5.16% autocallable notes linked to Russell, S&P

By Angela McDaniels

Tacoma, Wash., Dec. 10 – Credit Suisse AG, London Branch priced $7.78 million of 5.16% autocallable coupon buffered securities due June 12, 2017 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes will be automatically called at par if each index closes at or above its initial level on any quarterly observation date.

If the notes are not called and the return of the worst-performing index is negative 20% or greater, the payout at maturity will be par. Otherwise, investors will lose 1.25% for every 1% that the worst-performing index declines beyond 20%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable coupon buffered securities
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$7,779,000
Maturity:	June 12, 2017
Coupon:	5.16%, payable quarterly
Price:	Par
Payout at maturity:	If return of worst-performing index is negative 20% or greater, par; otherwise, 1.25% loss for every 1% that worst-performing index declines beyond 20%
Call:	Automatically at par if each underlying component closes at or above initial level on March 7, 2016, June 7, 2016, Sept. 7, 2016, Dec. 7, 2016, March 7, 2017 or June 7, 2017
Initial index levels:	1,183.397 for Russell 2000 and 2,091.69 for S&P 500
Pricing date:	Dec. 7
Settlement date:	Dec. 10
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.4%
Cusip:	22546VSB3

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