New Issue: Credit Suisse prices $11.74 million Accelerated Return Notes linked to index basket

By Angela McDaniels

Tacoma, Wash., July 11 – Credit Suisse AG, London Branch priced $11.74 million of 0% Accelerated Return Notes due Aug. 25, 2017 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei Stock Average index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

The payout at maturity will be par of $10 plus triple any basket gain, up to a maximum return of 18.45%. Investors will be exposed to any basket decline.

BofA Merrill Lynch is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated Return Notes
Underlying indexes:	Euro Stoxx 50 (40% weight), FTSE 100 (20% weight), Nikkei Stock Average (20% weight), Swiss Market (7.5% weight), S&P/ASX 200 (7.5% weight) and Hang Seng (5% weight)
Amount:	$11,744,010
Maturity:	Aug. 25, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any basket gain, capped at 18.45%; exposure to any basket decline
Initial levels:	2,780.10 for Euro Stoxx 50, 6,533.79 for FTSE 100, 15,276.24 for Nikkei, 7,964.23 for Swiss Market, 5,227.918 for S&P/ASX 200 and 20,706.92 for Hang Seng
Final index levels:	For each index, average of its closing levels on five trading days ending Aug. 22, 2017
Pricing date:	July 7
Settlement date:	July 13
Underwriters:	BofA Merrill Lynch
Fees:	2%
Cusip:	22547V774

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