New Issue: Credit Suisse sells $1.45 million accelerated barrier notes on indexes

By Wendy Van Sickle

Columbus, Ohio, April 6 – Credit Suisse AG, London Branch priced $1.45 million of 0% accelerated barrier notes due March 24, 2025 linked to the S&P 500 index and the Russell 2000 index, 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 179% of the return of the worst performing index, up to a maximum of par plus 48%.

If any index falls but each index finishes at or above the 60% 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:	S&P 500 and Russell 2000 index
Amount:	$1,445,000
Maturity:	March 24, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 179% of the return of the worst performing index up to a maximum of par plus 48%; 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:	3,913.1 for S&P, 2,287.545 for Russell
Knock-in levels:	2,347.86 for S&P, 1,372.527 for Russell, 60% of initial levels
Pricing date:	March 19
Settlement date:	March 24
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.5%
Cusip:	22552XG31

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