New Issue: Credit Suisse prices $1.99 million 8.05% autocallable yield notes linked to Euro Stoxx, Russell

By Angela McDaniels

Tacoma, Wash., Jan. 8 – Credit Suisse AG, London Branch priced $1.99 million of 8.05% autocallable yield notes due July 11, 2017 linked to the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes will be called at par if each index closes at or above its initial level on Jan. 6, 2017 or April 6, 2017.

The payout at maturity will be par unless either index closes at or below its knock-in level, 65% of its initial level, during the life of the notes, in which case the payout will be par plus the return of the lesser-performing index, subject to a maximum payout of par.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable yield notes
Underlying indexes:	Euro Stoxx 50 and Russell 2000
Amount:	$1,985,000
Maturity:	July 11, 2017
Coupon:	8.05%, payable monthly
Price:	Par
Payout at maturity:	Par unless either index closes at or below knock-in level during life of notes, in which case par plus return of lesser-performing index, subject to maximum payout of par
Call:	Automatically at par if each index closes at or above initial level on Jan. 6, 2017 or April 6, 2017
Initial index levels:	1,094.366 for Russell 2000 and 3,139.32 for Euro Stoxx 50
Knock-in level:	711.3379 for Russell 2000 and 2,040.558 for Euro Stoxx 50; 65% of initial levels
Pricing date:	Jan. 6
Settlement date:	Jan. 11
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1%
Cusip:	22546VT63

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