Credit Suisse plans five-year autocallable notes linked to four indexes

By Susanna Moon

Chicago, Nov. 13 – Credit Suisse AG plans to price 0% autocallable securities due Nov. 19, 2019 linked to the S&P 500 index, Euro Stoxx 50 index the FTSE 100 index and the Nikkei 225 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a 12% to 13% annualized call premium if each underlying index closes at or above its initial level on any of 10 quarterly review dates.

The payout at maturity will be par unless any index finishes below the 70% knock-in level, in which case investors will receive the return of the worst performing index with exposure to any losses.

Credit Suisse Securities (USA) LLC is the underwriter.

The notes will price on Nov. 14 and settle on Nov. 19.

The Cusip number is 22547QX35.

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