New Issue: Credit Suisse prices $25.65 million Accelerated Return Notes on financial stocks

By Devika Patel

Knoxville, Tenn., Feb. 28 – Credit Suisse AG, London Branch priced $25.65 million of 0% Accelerated Return Notes due April 27, 2018 linked to a basket of stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying companies are Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley.

The payout at maturity will be par of $10 plus triple any basket gain, up to a maximum payout of 21.03%. Investors will lose 1% for each 1% basket decline.

BofA Merrill Lynch is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated Return Notes
Underlying basket:	Citigroup Inc. (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM) and Morgan Stanley (NYSE: MS), equally weighted
Amount:	$25,649,060
Maturity:	April 27, 2018
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus triple any index gain, capped at 21.03%; 1% loss for each 1% decline
Initial stock levels:	$60.62 for Citigroup, $91.13 for JPMorgan, $46.58 for Morgan Stanley
Pricing date:	Feb. 23
Settlement date:	March 2
Underwriter:	BofA Merrill Lynch
Fees:	2%
Cusip:	22547V428

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