New Issue: Credit Suisse prices $6.03 million autocallable securities on S&P 500, Euro Stoxx

By Marisa Wong

Madison, Wis., Oct. 7 – Credit Suisse AG, London Branch priced $6.03 million of autocallable securities due Oct. 6, 2017 linked to the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus a 10.75% per year redemption premium if each underlying index closes at or above its initial level on any of three annual review dates.

If the notes are not called, the payout at maturity will be par plus the underlying return of the lower-performing index.

If that index finishes at or above the 75% knock-in level, the underlying return will equal zero. Otherwise, the underlying return will equal the index return.

Barclays is the placement agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable securities
Underlying indexes:	S&P 500, Euro Stoxx 50
Amount:	$6,025,000
Maturity:	Oct. 6, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par if lower-performing index finishes at or above 75% knock-in level; otherwise, par plus return of lower-performing index
Call:	At par plus 10.75% per year if index closes at or above initial level on any annual review date beginning on Oct. 8, 2015
Initial levels:	1,946.16 for S&P, 3,195.08 for Euro Stoxx
Knock-in levels:	1,459.62 for S&P, 2,396.31 for Euro Stoxx, 75% of initial levels
Pricing date:	Oct. 1
Settlement date:	Oct. 6
Agent:	Barclays (placement)
Fees:	2.25%
Cusip:	22547QTT3

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