New Issue: Credit Suisse prices $20.18 million Accelerated Return Notes linked to three financial stocks

By Angela McDaniels

Tacoma, Wash., Aug. 3 – Credit Suisse AG, London Branch priced $20.18 million of 0% Accelerated Return Notes due Sept. 30, 2016 linked to a basket of financial sector stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying companies are Citigroup Inc. with a 33.33% weight, JPMorgan Chase & Co. with a 33.34% weight and Wells Fargo & Co. with a 33.33% weight.

If the basket return is positive, the payout at maturity will be par of $10 plus 300% of the basket return, subject to a maximum return of 14.2%. If the basket return is negative, investors will be fully exposed to the decline.

BofA Merrill Lynch is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated Return Notes
Underlying stocks:	Citigroup Inc. (NYSE: C), JPMorgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC)
Amount:	$20,182,450
Maturity:	Sept. 30, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any basket gain, capped at 14.2%; exposure to any basket decline
Initial share prices:	$58.88 for Citigroup, $69.04 for JPMorgan and $58.15 for Well Fargo
Pricing date:	July 30
Settlement date:	Aug. 6
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	22548D476

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