New Issue: Credit Suisse prices $17.84 million Stars linked to S&P 500 index

By Angela McDaniels

Tacoma, Wash., March 2 – Credit Suisse AG, London Branch priced $17.84 million of 0% Strategic Accelerated Redemption Securities due March 11, 2016 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par of $10 plus an annualized call premium of 7.42% if the index closes at or above its initial level on Feb. 20, 2015, May 22, 2015 or Sept. 4, 2015.

If the notes are not called, investors will have one-to-one exposure to the index’s decline at maturity.

BofA Merrill Lynch is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Strategic Accelerated Redemption Securities
Underlying index:	S&P 500
Amount:	$17,836,480
Maturity:	March 11, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	One-to-one exposure to index’s decline
Call:	At par plus 7.42% per year if index closes at or above initial level on Aug. 21, 2015, Nov. 20, 2015 or March 4, 2016
Initial index level:	2,110.74
Pricing date:	Feb. 26
Settlement date:	March 5
Agent:	BofA Merrill Lynch
Fees:	1.25%
Cusip:	22548D831

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