Credit Suisse plans contingent coupon callable yield notes on VanEck Gold Miners

New York, April 19 – Credit Suisse AG, London Branch, plans to price contingent coupon callable yield notes due April 30, 2020 linked to the VanEck Vectors Gold Miners exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a quarterly coupon at an annualized rate of 8.4% if the fund closes above its coupon barrier level, expected to be 75% of its initial level, on the observation date for that period. The exact coupon will be set at pricing.

At Credit Suisse’s option, the notes are callable at par on any coupon payment date starting July 30, 2018 and before maturity.

The payout at maturity will be par unless either index finishes below its knock-in level, expected to be 75% of its initial level, in which case investors will lose 1% for each 1% decline of the worse performing index from its initial level.

Credit Suisse Securities (USA) LLC is the agent.

The notes are expected to price on April 25 and settle on April 30.

The Cusip number is 22550WQH3.

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