New Issue: Credit Suisse prices $1.65 million contingent coupon callable notes on Facebook

By Susanna Moon

Chicago, June 30 – Credit Suisse AG, London Branch priced $1.65 million of contingent coupon callable yield notes due June 30, 2016 linked to Facebook, Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent monthly coupon at an annual rate of 11.25% if Facebook stock closes at or above the barrier level, 70% of the initial share price, on the observation date for that month.

The payout at maturity will be par unless the stock finishes below the 70% barrier level, in which case investors will be fully exposed to any losses.

The notes are callable at par on any interest payment date.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Contingent coupon callable yield notes
Underlying stock:	Facebook, Inc. (Symbol: FB)
Amount:	$1,647,000
Maturity:	June 30, 2016
Coupon:	11.25% per year, payable monthly if Facebook stock closes at or above barrier level on observation date for that month
Price:	Par of $1,000
Payout at maturity:	If stock finishes at or above barrier level, par; otherwise, full exposure to any losses
Call option:	At par on any interest payment date
Initial price:	$67.44
Barrier price:	$47.208, 70% of initial price
Pricing date:	June 25
Settlement date:	June 30
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.947%
Cusip:	22547QP26

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