New Issue: Credit Suisse prices $533,000 of 4.7% yield notes ties to S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, June 2 – Credit Suisse AG, London Branch priced $533,000 of 4.7% yield notes due June 3, 2019 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The payout at maturity will be par unless either index closes below its 55% knock-in level, in which case investors will be fully exposed to any losses of the worse performing index.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Yield notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$533,000
Maturity:	June 3, 2019
Coupon:	4.7%, payable quarterly
Price:	Par
Payout at maturity:	Par unless either index finishes below knock-in level, in which case full exposure to decline of lesser-performing index
Initial index levels:	2,099.06 for S&P 500 and 1,150.450 for Russell 2000
Knock-in levels:	1,154.483 for S&P 500 and 632.7475 for Russell 2000; 55% of initial levels
Pricing date:	May 27
Settlement date:	June 2
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.7%
Cusip:	22548Q7C3

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