New Issue: Credit Suisse sells $5.2 million Capped Leveraged Index Return Notes on basket

By Devika Patel

Knoxville, Tenn., Dec. 19 – Credit Suisse AG, London Branch priced $5.2 million of 0% Capped Leveraged Index Return Notes due Feb. 23, 2018 linked to an equally weighted basket containing the Financial Select Sector index and the S&P Regional Banks Select Industry index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any basket gain, capped at 15.2%.

Investors will receive par if the basket falls by up to 5% and will lose 1% for every 1% decline beyond 5%.

BofA Merrill Lynch is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Capped Leveraged Index Return Notes
Underlying indexes:	Financial Select Sector and S&P Regional Banks Select Industry
Amount:	$5.2 million
Maturity:	Feb. 23, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any basket gain, capped at 15.2%; par if basket falls by up to 5%, otherwise 1% loss for every 1% decline beyond 5%
Initial index levels:	290.70 for Financial Select Sector, 1,738.21 for S&P Regional Banks Select Industry
Threshold level:	95% of initial level
Pricing date:	Dec. 15
Settlement date:	Dec. 22
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	22547V592

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