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Credit Suisse Structured Products

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Credit Suisse Structured Products Amendment Interest/Premium Payment Date(s) - 25 February 2016 Fixed Terms Telephone Contact: +41 (0)44 335 76 00 Selected Key Parameters Conversations on this line are recorded. We will assume your consent. Credit Suisse Structured Products 3.60% p.a. Barrier Reverse Convertibles in EUR on Nikkei 225 Index, Swiss Market Index (SMI)®, EURO STOXX 50® Index and S&P 500® Index (1) 20 August 2015 until 20 August 2019 The Complex Products do not constitute a collective investment scheme within the meaning of the Swiss Federal Act on Collective Investment Schemes (CISA). Therefore, the Complex Products are not subject to authorisation or supervision by the Swiss Financial Market Supervisory Authority (FINMA). Investors bear the issuer risk. The Complex Products are structured products within the meaning of the CISA. This simplified prospectus is only available in English. Risk Category Complex Product (2) Product Type Barrier Reverse Convertible Product Category Yield Enhancement SSPA Code 1230 (3) I. Product Description The Complex Products allow the holders to benefit from several payments of the Interest Amount and Premium Amount, irrespective of the development of the value of the Underlyings. Therefore, the potential return on a Complex Product is limited to the positive difference between (i) the aggregate of Interest Amounts and Premium Amounts scheduled to be paid thereunder, plus the Final Redemption Amount, and (ii) the Issue Price (or, if different, the price the relevant investor paid for such Complex Product) (i.e., the return is capped). As long as none of the Barriers have been reached or breached during the Barrier Observation Period, the Final Redemption Amount is equal to 100% of the Denomination. If the value of the Underlyings decreases, the Final Redemption Amount may be substantially lower than the Issue Price. If a Barrier has been reached or breached during the Barrier Observation Period and the Final Level of at least one Underlying is below its Strike on the Final Fixing Date, the potential loss associated with an investment in Complex Products is linked to the negative performance of the Worst-Performing Underlying. Therefore, a total or substantial loss of the amount invested in Complex Products is possible, although any such loss is limited to the amount invested. Issue Details Subscription Period until 13 August 2015, 15:00 CET Security Codes Swiss Sec. No. 24 874 892 Issue/Payment Date 20 August 2015, being the date on which the ISIN CH 024 874 892 0 Complex Products are issued and the Issue SIX Symbol CSIXV Price is paid. WKN A1V929 Last Trading Date 12 August 2019, until the official close of trading on the SIX Structured Products Issuer Credit Suisse AG, Zurich, acting through its Nassau Branch, Nassau (Moody’s: A1 / Exchange AG, being the last date on which S&P: A) the Complex Products may be traded. Minimum Trading Lot / EUR 1'000 The Issuer is supervised by FINMA in Subscription Amount Switzerland. Clearing SIX SIS Ltd, Euroclear S.A., Clearstream Banking Lead Manager Credit Suisse AG, Zurich Form Uncertificated Securities Paying Agent Credit Suisse AG, Zurich Governing Law/Jurisdiction Swiss Law/Courts of Zurich 1 Calculation Agent Credit Suisse AG, Zurich Publication Any amendment to the Complex Products will Trading/Secondary Market Under normal market conditions, Credit Suisse be published on www.credit-suisse.com/ AG, Zurich, will endeavour to provide a derivatives. Modifications regarding the secondary market, but is under no legal composition of an index or changes in the obligation to do so. Upon investor demand, formula or method of calculation of an index Credit Suisse AG, Zurich, will endeavour to will generally not be published. provide bid/offer prices for the Complex Products, depending on actual market Sales Restrictions U.S.A., U.S. Persons, Singapore, European conditions. There will be a price difference Economic Area (excluding Germany and between bid and offer prices (spread). The Austria), Hong Kong, United Kingdom, The Complex Products are traded in percentage of Bahamas the Denomination at a clean price, i.e., the trading price does not contain accrued Redemption interest or premium, which is calculated Final Redemption Date 20 August 2019, being the date on which each separately, and are booked accordingly. Complex Product will be redeemed at the Final Indicative trading prices may be obtained on Redemption Amount, unless previously Reuters CSZEQ00 and Bloomberg CSZE. redeemed, repurchased or cancelled. Listing SIX Swiss Exchange Ltd Final Redemption Amount (i) If no Barrier Event has occurred, a cash Trading Platform SIX Structured Products Exchange AG amount equal to 100% of the Issue Size up to EUR 10'000'000 Denomination; or (may be increased/decreased at any time) (ii) If a Barrier Event has occurred, and Denomination EUR 1'000 (a) the Final Level of each Underlying is at Minimum Investment EUR 1'000 or above its Strike, a cash amount Issue Price 100% equal to 100% of the Denomination; or (1) Herein called the “Complex Products”. (2) Investing in the Complex Products requires specific knowledge on the part of the potential investor regarding the Complex Products and the risks associated therewith. It is recommended that the potential investor obtains adequate information regarding the risks associated with the Complex Products before making an investment decision. (3) See Swiss Derivatives Map at www.sspa-association.ch. 1/5 (b) the Final Level of at least one Barrier Observation Dates each exchange business day during the Underlying is below its Strike, a cash Barrier Observation Period. amount equal to the Denomination Barrier Observation Period from and excluding the Initial Fixing Date to multiplied by the ratio of the Final Level and including the Final Fixing Date. of the Worst-Performing Underlying (Final LevelWorst-Of) divided by its Strike Interest | Premium (StrikeWorst-Of), calculated by the Calculation Agent in accordance with Interest Amount 0.27% p.a. of the Denomination, i.e., the following formula: EUR 0.675 for 90 days. Final Level Worst Of Premium Amount 3.33% p.a. of the Denomination, i.e., Deno min ation StrikeWorst Of EUR 8.325 for 90 days. Settlement Type cash settlement. Interest/Premium 20 November 2015, 22 February 2016, 20 Worst-Performing out of all the Underlyings, the Underlying in Payment Date(s) May 2016, 22 August 2016, 21 November Underlying respect of which its Final Level divided by its 2016, 20 February 2017, 22 May 2017, Strike results in the lowest value. 21 August 2017, 20 November 2017, 20 Initial Fixing Date 13 August 2015 (and 14 August 2015 for the February 2018, 22 May 2018, 20 August Nikkei 225 Index), being the date on which the 2018, 20 November 2018, 20 February Strike and the Barrier are fixed, and from which 2019, 20 May 2019 and 20 August 2019, date the Complex Products may be traded. being the date(s) on which the Issuer shall pay the Interest Amount and the Premium Strike with respect to each Underlying, the relevant Amount per Complex Product to the holders, Strike specified in the table below, being unless previously redeemed, repurchased or 100% of its level at the Valuation Time on the cancelled. Initial Fixing Date. Interest/Premium Ex-Date(s) 20 November 2015, 20 February 2016, 20 Final Fixing Date 13 August 2019, being the date on which May 2016, 20 August 2016, 20 November the Final Level will be fixed. 2016, 20 February 2017, 20 May 2017, 20 Final Level with respect to each Underlying, 100% of its August 2017, 20 November 2017, 20 level at the Valuation Time on the Final Fixing February 2018, 20 May 2018, 20 August Date. 2018, 20 November 2018, 20 February Valuation Time with respect to each Underlying, the time 2019 and 20 May 2019 with reference to which the Licensor/Index Business Day Convention/ Modified following, unadjusted, 30/360. Sponsor calculates the closing index level. Day Count Fraction Barrier with respect to each Underlying, the relevant Barrier specified in the table below, being Distribution Fee 45% of its Strike. Distribution Fee up to 0.375% p.a. (in percent of the Barrier Event if the level of any Underlying at any time Denomination and included in the Issue (observed continuously) on any Barrier Price) Observation Date is at or below its Barrier. Underlyings Bloomberg Ticker Licensor/Index Sponsor Strike Barrier Nikkei 225 Index NKY INDEX Nikkei Inc. 20'519.45 9'233.75 Swiss Market Index (SMI)® SMI INDEX SIX Swiss Exchange AG 9'325.21 4'196.34 EURO STOXX 50® Index SX5E INDEX STOXX Limited 3'516.15 1'582.27 S&P 500® Index SPX INDEX S&P Dow Jones Indices LLC 2'083.39 937.53 Swiss Taxation The following statements and discussions of certain Swiss tax considerations relevant to the purchase, ownership and disposition of the Complex Products are of a general nature only and do not address all potential tax consequences of an investment in the Complex Product under Swiss law. This summary is based on treaties, laws, regulations, rulings and decisions currently in effect, all of which are subject to change. It does not address the tax consequences of the Complex Products in any jurisdiction other than Switzerland. Tax treatment depends on the individual tax situation of each investor and may be subject to change. Potential investors will, therefore, need to consult their own tax advisors to determine the special tax consequences of the purchase, ownership and sale or other disposition of a Complex Product. In particular, the precise tax treatment of a holder of a Complex Product needs to be determined with reference to the applicable law and practice at the relevant time. The investors shall be liable for all current and future taxes and duties as a consequence of an investment in Complex Products.
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