New Issue: Credit Suisse prices $1.31 million 7% autocallable yield notes linked to Gold Miners

By Susanna Moon

Chicago, Aug. 13 – Credit Suisse AG, London Branch priced $1.31 million of 7% autocallable yield notes due Aug. 14, 2015 linked to the Market Vectors Gold Miners exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes will called at par plus accrued interest if the fund closes at or above its initial level on Feb. 11, 2015 or May 11, 2015.

The payout at maturity will be par unless the fund ever closes below the 75% barrier level during life of the notes and finishes below the initial level, in which case the payout will be par plus the return with full exposure to any losses.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable yield notes
Underlying fund:	Market Vectors Gold Miners ETF
Amount:	$1,305,000
Maturity:	Aug. 14, 2015
Coupon:	7%, payable monthly
Price:	Par
Payout at maturity:	If fund ever falls by more than 25% during life of the notes and finishes below the initial level, par plus return with exposure to any losses; otherwise, par
Call:	At par plus accrued interest if the fund closes at or above its initial level on Feb. 11, 2015 or May 11, 2015
Initial level:	$26.97
Knock-in level:	$20.2275, 75% of initial level
Pricing date:	Aug. 11
Settlement date:	Aug. 14
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.85%
Cusip:	22547QRR9

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