New Issue: Credit Suisse prices $655,000 accelerated barrier notes linked to S&P 500, Russell

By Jennifer Chiou

New York, Dec. 24 – Credit Suisse AG, London Branch priced $655,000 of 0% accelerated barrier notes due Dec. 28, 2018 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of the least-performing index is equal to or greater than the initial level, the payout at maturity will be par plus 137.5% of the return of that index.

Investors will receive par if the least-performing index falls by up to 30% and will be fully exposed to the decline of the least-performing index if it falls by 30% or more.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying indexes:	S&P 500, Russell 2000
Amount:	$655,000
Maturity:	Dec. 28, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If return of least-performing index is positive, par plus 137.5% of gain in that index; par if least-performing index falls by up to 30%; otherwise, exposure to losses from initial level if least-performing index falls by 30% or more
Initial levels:	2,082.17 for S&P 500, 1,202.428 for Russell
Knock-in levels:	1,457.519 for S&P 500, 841.6996 for Russell, 70% of initial levels
Pricing date:	Dec. 23
Settlement date:	Dec. 29
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	4%
Cusip:	22547QX84

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