New Issue: Credit Suisse prices $1 million 12.2% autocallable reverse convertibles linked to FireEye

By Angela McDaniels

Tacoma, Wash., Feb. 3 – Credit Suisse AG, London Branch priced $1 million of 12.2% autocallable reverse convertible securities due Feb. 8, 2016 linked to the common stock of FireEye, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

Beginning July 30, the notes will be called at par if FireEye shares close at or above the initial share price on any monthly trigger observation date.

The payout at maturity will be par unless FireEye shares close at or below the knock-in price, 50% of the initial share price, during the life of the notes and finish below the initial share price, in which case investors will be fully exposed to the stock’s decline.

Morgan Stanley & Co. LLC is acting as distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable reverse convertible securities
Underlying stock:	FireEye, Inc. (Symbol: FEYE)
Amount:	$1 million
Maturity:	Feb. 8, 2016
Coupon:	12.2%, payable monthly
Price:	Par
Payout at maturity:	Par unless FireEye stock closes at or below knock-in price during life of notes and finishes below initial share price, in which case full exposure to stock’s decline
Call:	At par if FireEye shares close at or above initial share price on July 30, 2015, Aug. 31, 2015, Sept. 29, 2015, Oct. 30, 2015, Nov. 30, 2015 or Dec. 29, 2015
Initial share price:	$32.74
Knock-in price:	$16.37, 50% of initial share price
Pricing date:	Jan. 30
Settlement date:	Feb. 6
Distributor:	Morgan Stanley & Co. LLC
Fees:	1.5%
Cusip:	22546V4D5

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