New Issue: Credit Suisse prices $4.59 million leveraged notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, May 5 – Credit Suisse AG, London Branch priced $4.59 million of 0% leveraged notes due April 27, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 300% of the index return, subject to a maximum settlement of $1,249.00 for each $1,000 note. Investors will be fully exposed to any decline in the index.

BofA Merrill Lynch is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged notes
Underlying index:	S&P 500
Amount:	$4,586,000
Maturity:	April 27, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 300% of index return, up to maximum settlement of $1,249.00 for each $1,000 note; full exposure to any index decline
Initial index level:	2,388.13
Pricing date:	May 3
Settlement date:	May 10
Underwriter:	BofA Merrill Lynch
Fees:	0%
Cusip:	22550B2C6

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