New Issue: Credit Suisse prices $856,000 10.5% autocallable buffered notes linked to Fortinet

By Wendy Van Sickle

Columbus, Ohio, March 8 – Credit Suisse AG, London Branch priced $856,000 of 10.5% autocallable buffered securities due March 9, 2017 linked to the common stock of Fortinet, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes will be automatically called at par if Fortinet stock closes at or above its initial share price on June 6, 2016, Sept. 6, 2016, Dec. 6, 2016 or March 6, 2017.

If the notes are not called and the final share price is less than the initial share price by not more than 15%, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% that the stock declines beyond 15%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable coupon buffered securities
Underlying stock:	Fortinet, Inc. (Symbol: FTNT)
Amount:	$856,000
Maturity:	March 9, 2017
Coupon:	10.5%, payable monthly
Price:	Par
Payout at maturity:	If final share price is less than initial share price by not more than 15%, par; otherwise, 1% loss for every 1% that stock declines beyond 15%
Call:	Automatically at par if Fortinet stock closes at or above initial share price on June 6, 2016, Sept. 6, 2016, Dec. 6, 2016 or March 6, 2017
Initial share price:	$28.51
Pricing date:	March 4
Settlement date:	March 9
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.25%
Cusip:	22546VYN0

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