New Issue: Credit Suisse prices $1 million Bares linked to S&P 500

By Angela McDaniels

Tacoma, Wash., May 21 – Credit Suisse AG, London Branch priced $1 million of 0% Buffered Accelerated Return Equity Securities due Nov. 28, 2016 linked to the S&P 500, 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 125% of the index return, subject to a maximum return of 15.25%. Investors will receive par if the index falls by up to 10% and lose 1.1111% for every 1% decline in the index beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying index:	S&P 500
Amount:	$1 million
Maturity:	Nov. 28, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 125% of index return, up to 15.25% maximum return; par if index falls by up to 10%; 1.1111% loss for every 1% decline in index beyond 10%
Initial index level:	2,127.83
Pricing date:	May 19
Settlement date:	May 26
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	0.54%
Cusip:	22546VDV5

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