Credit Suisse plans 14-month Accelerated Return Notes tied to stocks

By Susanna Moon

Chicago, Aug. 25 – Credit Suisse AG, London branch plans to price Accelerated Return Notes due October 2018 linked to the basket of three common stocks, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying companies are Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co.

The payout at maturity will be par plus triple any basket gain, up to a capped return of 16% to 20%.

Investors will be exposed to any losses.

BofA Merrill Lynch is the agent.

The notes will price and settle in August.

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