New Issue: Credit Suisse prices $3.12 million buffered return notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., June 12 – Credit Suisse AG, London Branch priced $3.12 million of 0% buffered return equity securities due Oct. 5, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return, subject to a cap of 24%. If the index declines by 10% or less, the payout will be par. Otherwise, investors will lose 1% for every 1% that the index declines beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered return equity securities
Underlying index:	S&P 500
Amount:	$3,125,000
Maturity:	Oct. 5, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus index return, subject to 24% cap; if index declines by 10% or less, par; 1% loss for every 1% that index declines beyond 10%
Initial index level:	1,920.03
Pricing date:	Oct. 1
Settlement date:	Oct. 6
Agent:	Credit Suisse Securities (USA) LLC
Fees:	2.35%
Cusip:	22546VNA0

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