New Issue: Credit Suisse prices $3.5 million autocallable securities on Euro Stoxx 50, Russell 2000

By Jennifer Chiou

New York, Aug. 7 – Credit Suisse AG, London Branch priced $3.5 million of autocallable securities due Aug. 7, 2017 linked to the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus a 15.4% per year redemption premium if each underlying index closes at or above its initial level on any of three annual review dates.

If the notes are not called, the payout at maturity will be par plus the underlying return of the lower-performing index.

If that index finishes at or above the 70% knock-in level, the underlying return will equal zero. Otherwise, the underlying return will equal the index return.

Citigroup Global Markets Inc. is the placement agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable securities
Underlying indexes:	Euro Stoxx 50 and Russell 2000
Amount:	$3.5 million
Maturity:	Aug. 7, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par if lower-performing index finishes at or above 70% knock-in level; otherwise, par plus return of lower-performing index
Call:	At par plus 15.4% per year if index closes at or above initial level on annual review date beginning on Aug. 11, 2015
Initial levels:	3,072.20 for Euro Stoxx, 1,121.56 for Russell 2000
Knock-in levels:	2,150.54 for Euro Stoxx, 785.092 for Russell 2000, 70% of initial levels
Pricing date:	Aug. 5
Settlement date:	Aug. 8
Agent:	Citigroup Global Markets Inc.
Fees:	0.5%
Cusip:	22547QRT5

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