New Issue: Credit Suisse prices $1.47 million cert plus notes linked to S&P 500, Russell 2000

By Susanna Moon

Chicago, Feb. 5 - Credit Suisse AG priced $1.47 million of 0% cert plus securities due Feb. 5, 2018 linked to S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

A knock-in event occurs if either component finishes at or below its 50% knock-in level.

If the worse performing component finishes above the initial level, the payout at maturity will be par plus 132% of the gain.

If the worse performing component falls but a knock-in event has not occurred, the payout will be par.

Otherwise, the payout will be par plus the return with exposure to any losses.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Cert plus securities
Underling indexes:	S&P 500, Russell 2000
Amount:	$1.47 million
Maturity:	Feb. 5, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If worse performing component gains, par plus 132% of return; if worse performing component falls by up to 50%, par; otherwise, par plus return with exposure to any losses
Initial levels:	1,782.59 for S&P, 1,130.88 for Russell
Knock-in levels:	891.295 for S&P, 565.44 for Russell, 50% of initial levels
Pricing date:	Jan. 31
Settlement date:	Feb. 7
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.55%
Cusip:	22547QES1

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