New Issue: Credit Suisse prices $213,000 autocallables linked to S&P 500, Russell

By Susanna Moon

Chicago, Feb. 2 – Credit Suisse AG, London Branch priced $213,000 of 0% autocallable securities due Jan. 31, 2019 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a premium of 9.5% annualized if each index closes at or above its initial level on any semiannual review date.

If each index finishes at or above its initial level, the payout at maturity will be par plus the contingent maximum return of 19%.

If either index falls but neither index ever closes below its 70% knock-in level during the life of the notes, the payout will be par plus the contingent minimum return of 10%.

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

Credit Suisse Securities (USA) LLC agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable securities
Underlying indexes:	S&P 500, Russell 2000
Amount:	$213,000
Maturity:	Jan. 31, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains, par plus 19%; if either index falls but never dips below 70% knock-in level, par plus 10%; otherwise, full exposure to any losses of worse performing index
Call:	At par plus 9.5% annualized if each index closes at or above its initial level on any semiannual review date
Initial levels:	1,375.60 for Russell, 2,296.68 for S&P
Barrier levels:	962.9165 for Russell, 1,607.676 for S&P; 70% of initial levels
Pricing date:	Jan. 26
Settlement date:	Jan. 31
Agent:	Credit Suisse Securities (USA) LLC
Fees:	2.95%
Cusip:	22548QRS6

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