New Issue: Credit Suisse sells $1.55 million accelerated barrier notes on indexes

By Sarah Lizee

Olympia, Wash., April 16 – Credit Suisse AG, London Branch priced $1.55 million of 0% accelerated barrier notes due April 10, 2025 linked to the Russell 2000 index, the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 210% of the return of the worst performing index.

If any index falls but each index finishes at or above the 70% knock-in level, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the worst performing index.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying indexes:	Russell 2000, S&P 500 and Dow Jones industrial average
Amount:	$1,546,000
Maturity:	April 10, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 210% of the return of the worst performing index; if any index falls but all indexes finish at or above the knock-in level, par; otherwise, investors will be fully exposed to the decline of the worst performing index
Initial index levels:	2663.68 for S&P, 1138.778 for Russell, 22679.99 for Dow
Knock-in levels:	1864.576 for S&P, 797.1446 for Russell, 15875.993 for Dow, 70% of initial levels
Pricing date:	April 6
Settlement date:	April 9
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.125%
Cusip:	22551NXL5

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