New Issue: Credit Suisse prices $9.64 million leveraged buffered notes on S&P 500

By Devika Patel

Knoxville, Tenn., Feb. 22 – Credit Suisse AG, London Branch priced $9.64 million of 0% leveraged buffered notes due Aug. 23, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus triple the index return, subject to a maximum settlement amount of $1,196.50 per $1,000 of notes. Investors will receive par if the index falls by up to 5% and be exposed to any declines beyond 5%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged buffered notes
Underlying index:	S&P 500
Amount:	$9,635,000
Maturity:	Aug. 23, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple any index gain, up to $1,196.50 maximum settlement; par if index falls by 5% or less; exposure to declines beyond 5%
Initial index level:	1,917.83
Pricing date:	Feb. 18
Settlement date:	Feb. 25
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.33%
Cusip:	22546VUN4

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