New Issue: Credit Suisse sells $24.50 million Accelerated Return Notes on financial stocks

By Marisa Wong

Morgantown, W.Va., Aug. 30 – Credit Suisse AG, London Branch priced $24,497,620 of 0% Accelerated Return Notes due Oct. 26, 2018 linked to a basket of three financial sector stocks, roughly equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying companies are Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co.

The payout at maturity will be par plus triple any basket gain, up to a capped return of 18.32%.

Investors will be exposed to any losses.

BofA Merrill Lynch is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated Return Notes
Underlying basket:	Citigroup Inc. (Symbol: C) with 33.34% weight; JPMorgan Chase & Co. (Symbol: JPM) and Wells Fargo & Co. (Symbol: WFC) with 33.33% weight each
Amount:	$24,497,620
Maturity:	Oct. 26, 2018
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 300% of any basket gain, return capped at 18.32%; exposure to any basket decline
Initial prices:	$67.69 for Citigroup, $91.52 for JPMorgan, $52.16 for Wells Fargo
Pricing date:	Aug. 24
Settlement date:	Aug. 31
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	22547V212

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