New Issue: Credit Suisse prices $428,000 digital plus barrier notes linked to S&P 500, Russell

By Susanna Moon

Chicago, May 5 – Credit Suisse AG, London Branch priced $428,000 of 0% digital plus barrier notes due May 3, 2017 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus the greater of the gain and the fixed return of 15%.

If either index falls but each index finishes at or above the 75% knock-in level, the payout will be par.

Otherwise, investors will be fully exposed to any losses of the worst performing index.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital plus barrier notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$428,000
Maturity:	May 3, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus the greater of the return and 15%; if either index falls by up to 25%, par; otherwise, investors full exposure to any losses of worst performing index
Initial index levels:	2,085.51 for S&P and 1,220.125 for Russell
Knock-in levels:	1,564.1325 for S&P and 915.09375 for Russell; 75% of initial levels
Pricing date:	April 30
Settlement date:	May 5
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.2%
Cusip:	22546VAG1

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