Credit Suisse plans market-linked autocallables linked to three indexes

By Susanna Moon

Chicago, April 25 – Credit Suisse AG plans to price 0% market linked securities – autocallable with contingent coupon and contingent downside due May 2, 2019 linked to the lowest performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 9% to 10% if each index closes at or above the 75% threshold on the observation date for that quarter.

The notes will be called at par if each index closes at or above its initial level on any quarterly observation date from October 2017 to January 2019.

The payout at maturity will be par unless any index falls below the 75% threshold, in which case investors will be exposed to any losses of the worst performing index.

Wells Fargo Securities, LLC is the agent.

The notes will price on April 27.

The Cusip number is 22548QZT5.

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