| Chicago, June 16 – Credit Suisse AG, London Branch priced $1.35 million of contingent coupon callable yield notes due June 25, 2018 linked to the lesser performing of the | Russell 2000 index | and the | Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
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| The notes will pay a contingent quarterly coupon at an annualized rate of 8.75% if each index closes at or above its 70% coupon barrier on the observation date for that quarter.
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| The notes are callable at par on any interest payment date after one year.
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| The payout at maturity will be par unless either index finishes below its 70% knock-in level, in which case investors will be fully exposed to the decline of the worse performing index.
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| Credit Suisse Securities (USA) LLC is the agent.
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| Issuer: | Credit Suisse AG, London Branch
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| Issue: | Contingent coupon callable yield notes
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| Underlying indexes: | Russell 2000 and S&P 500
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| Amount: | $1,347,000
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| Maturity: | June 25, 2018
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| Coupon: | 7% annualized, payable quarterly if each index closes at or above 70% coupon barrier on observation date for that quarter
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| Price: | Par
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| Payout at maturity: | Par unless any index finishes below knock-in level, in which case full exposure to decline of least-performing index
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| Call option: | At par on any interest payment date
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| Initial levels: | 1,370.21 for Russell, 2,411.80 for S&P
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| Knock-in levels: | 959.1456 for Russell, 1,688.26 for S&P, 70% of initial levels
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| Pricing date: | May 31
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| Settlement date: | June 5
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| Agent: | Credit Suisse Securities (USA) LLC
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| Fees: | 1.9%
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| Cusip: | 22550B2L6
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