New Issue: Credit Suisse sells $728,000 3.4% coupon buffered callable yield notes on S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, Jan. 24 – Credit Suisse AG, London Branch priced $728,000 of 3.4% coupon buffered callable yield notes due Jan. 23, 2025 linked to the lowest performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes are callable at par on any quarterly redemption date after one year.

The payout at maturity will be par unless either index finishes below its 85% buffer, in which case investors will lose 1% for each 1% decline of the lesser-performing index beyond the buffer.

Incapital LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Coupon buffered callable yield notes
Underlying indexes:	S&P 500 index and Russell 2000 index
Amount:	$728,000
Maturity:	Jan. 23, 2025
Coupon:	3.4%, payable quarterly
Price:	Par
Payout at maturity:	Par unless either index finishes below its buffer level, in which case investors lose 1% for each 1% loss of lesser-performing index beyond buffer
Call option:	At par on any quarterly redemption date after one year
Initial levels:	3,329.62 for S&P, 1,699.635 for Russell
Buffers:	2,830.177 for S&P, 1,444.68975 for Russell; 85% of initial levels
Pricing date:	Jan. 17
Settlement date:	Jan. 23
Agent:	Incapital LLC
Fees:	3.25%
Cusip:	22551NJL1

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