Credit Suisse plans 15% yield autocallables linked to three stocks

By Susanna Moon

Chicago, Jan. 24 – Credit Suisse AG, London Branch plans to price 15% autocallable yield notes due Jan. 30, 2018 linked to the lowest performing of the American depositary shares of GW Pharmaceuticals plc representing 12 common shares of GW, and the common stocks of Wynn Resorts, Ltd. and Harley-Davidson, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The notes will be called at par if each stock closes at or above its initial share price on either call date.

The payout at maturity will be par unless any stock finishes at or below its knock-in level, 70% of its initial level, in which case investors will receive par plus the return, with full exposure to any losses of the worst performing stock.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on Jan. 25 and settle on Jan. 30.

The Cusip number is 22549JEC0.

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