New Issue: Credit Suisse prices $26.03 million trigger autocallables on S&P 500, Russell 2000

By Marisa Wong

Morgantown, W.Va., March 21 – Credit Suisse AG, London Branch priced $26.03 million of 0% trigger autocallable optimization securities due March 22, 2019 linked to the least performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

After one year, the notes will be called at par of $10 plus a call return of 6.65% per year if each index closes at or above its initial level on any annual observation date.

If the notes are not called and each index finishes at or above the trigger level, 50% of the initial level, the payout at maturity will be par. Otherwise, investors will be fully exposed to the decline of the least performing index.

UBS Financial Services Inc. is acting as distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Trigger autocallable optimization securities
Underlying indexes:	S&P 500, Russell 2000
Amount:	$26,027,500
Maturity:	March 22, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If notes are not called and each index finishes at or above trigger level, par; otherwise, 1% loss for every 1% decline of lesser performing index
Call:	After one year, notes will be called at par plus call return of 6.65% per year if index closes at or above initial level on any annual observation date
Initial levels:	2,040.59 for S&P, 1,091.253 for Russell
Trigger levels:	1,020.30 for S&P, 545.627 for Russell; 50% of initial level
Pricing date:	March 17
Settlement date:	March 22
Distributor:	UBS Financial Services Inc.
Fees:	2%
Cusip:	22548J812

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