New Issue: Credit Suisse sells $3.89 million Bares due 2017 tied to indexes, funds

By Susanna Moon

Chicago, Sept. 18 – Credit Suisse AG, London Branch priced $3.89 million of 0% Buffered Accelerated Return Equity Securities due April 24, 2017 linked to a basket of indexes and exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 60% weight, the iShares MSCI EAFE ETF with a 25% weight, the Russell 2000 index with a 10% weight and the iShares MSCI Emerging Markets ETF with a 5% weight.

The payout at maturity will be par plus 150% of any index gain, up to underlying return of 17.25%.

Investors will receive par if the index falls by up to 10% and lose 1.25% for every 1% decline beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying index:	S&P 500 index (60% weight), the iShares MSCI EAFE ETF (25% weight), the Russell 2000 index (10% weight) and the iShares MSCI Emerging Markets ETF (5% weight)
Amount:	$3.89 million
Maturity:	April 24, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, with 17.25% underlying cap; if index falls by up to 10%, par; 1.25% loss for every 1% decline beyond 10%
Initial levels:	1,995.31 for S&P, $60.30 for MSCI EAFE fund, 1,175.201 for Russell and $34.55 for MSCI EM
Pricing date:	Sept. 16
Settlement date:	Sept. 23
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.6%
Cusip:	22546VJL1

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