New Issue: Credit Suisse prices $760,000 absolute return barrier notes on S&P 500, Russell

By Susanna Moon

Chicago, Oct. 31 – Credit Suisse AG priced $760,000 of 0% absolute return barrier securities due July 26, 2018 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

A knock-in event occurs if either underlying index finishes at or below its knock-in level, 60% of the initial level.

If the worse performing index finishes at or above the initial level, the payout at maturity will be par plus 105% of the return of the worse performing index.

If the worse performing index falls and a knock-in event has not occurred, the payout will be par plus the absolute value of the return of the worse performing index.

Otherwise, investors will be fully exposed to losses of the worse performing index.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Absolute return barrier securities
Underlying indexes:	S&P 500, Russell 2000
Amount:	$760,000
Maturity:	Oct. 31, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains, par plus 105% of return of worse performing index; if either index falls but each index finishes at or above knock-in level, par plus absolute value of return of worse performing index; otherwise, full exposure to losses of worse performing index
Initial index levels:	1,985.05 for S&P and 1,149.452 for Russell
Knock-in levels:	1,191.03 for S&P and 689.6712 for Russell; 60% of initial levels
Pricing date:	Oct. 28
Settlement date:	Oct. 31
Agent:	Credit Suisse Securities (USA) LLC
Fees:	4.05%
Cusip:	22547QTR7

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