Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
04 June 2013 - 4:22AM
Edgar (US Regulatory)
Filed pursuant to Rule 433
Registration Statement No. 333-180300-03
FINANCIAL PRODUCTS
FACT SHEET (T216)
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Offering Period: May 31, 2013 – June 27, 2013
4 Year Digital-Plus Barrier Notes Linked to the S&P 500
®
Index and the Russell
2000
®
Index
Return Profile
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4-year Digital-Plus Barrier Notes linked to
the performance of the S&P 500
®
Index and the Russell 2000
®
Index.
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If the Final Level of the Lowest Performing Underlying is
equal to or greater than its Initial Level, the investor will be entitled to receive the greater of the Fixed Payment Percentage
and the uncapped appreciation of the Lowest Performing Underlying.
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If a Knock-In Event has occurred, the investor will be fully
exposed to the depreciation of the Lowest Performing Underlying and at maturity the investor will be entitled to receive less
than the principal amount of the securities held and may receive nothing.
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Any payment on the securities is subject to our ability to
pay our obligations as they become due.
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Terms & Knock-In Event
Issuer:
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Credit Suisse AG (“Credit Suisse”), Nassau Branch.
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Trade Date:
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Expected to be June 28, 2013.
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Settlement Date:
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Expected to be July 3, 2013.
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Underlying:
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The S&P 500
®
Index and the Russell 2000
®
Index.
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Fixed Payment Percentage:
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Expected to be between 40.0% and 45.0% (to be determined on the Trade Date).
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Redemption Amount:
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An amount in cash equal to the principal amount of the securities held multiplied by the sum
of 1 plus the Underlying Return of the Lowest Performing Underlying.
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Lowest Performing Underlying:
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The Underlying with the lowest Underlying Return.
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Underlying Return:
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For each Underlying, if (a) the Final Level of such Underlying is equal to or greater than its
Initial Level, then the greater of (i) the Fixed Payment Percentage and (ii) [(Final Level – Initial Level)/Initial
Level]; or (b) the Final Level of such Underlying is less than its Initial Level and (i) a Knock-In Event occurs, then: [(Final
Level – Initial Level)/Initial Level]; or (ii) a Knock-In Event does not occur, then: zero.
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Knock-In Level:
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For each Underlying, approximately 70% of its Initial Level (to be determined on the Trade Date).
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Knock-In Event:
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A Knock-In Event occurs if the Final Level of either Underlying is less than or equal to its
Knock-In Level.
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Initial Level:
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For each Underlying, the closing level of such Underlying on the Trade Date.
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Final Level:
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For each Underlying, the closing level of such Underlying on the Valuation Date.
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Valuation Date:
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June 28, 2017
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Maturity Date:
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July 3, 2017
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CUSIP:
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22547Q3M6
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Benefits
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If the Lowest Performing Underlying appreciates, offers the
greater of the Fixed Payment Percentage and the uncapped participation in the appreciation of the Lowest Performing Underlying.
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Reduced downside risk due to a 30% contingent buffer.
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Hypothetical Returns at Maturity
Percentage
Change in the Lowest Performing Underlying
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Underlying
Return of the Lowest Performing Underlying (1)
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Redemption
Amount per $1,000 Principal Amount of Securities (1)(2)
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50%
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50.0%
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$1500
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40%
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42.5%
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$1425
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30%
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42.5%
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$1425
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20%
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42.5%
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$1425
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10%
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42.5%
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$1425
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0%
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42.5%
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$1425
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-10%
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0%
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$1000
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-20%
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0%
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$1000
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-30%
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-30.0%
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$700
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-40%
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-40.0%
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$600
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-50%
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-50.0%
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$500
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(1)
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Assumes a Fixed Payment Percentage of 42.5% (the midpoint
of the expected range) (to be determined on Trade Date).
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(2)
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The hypothetical Redemption Amounts set forth above are for
illustrative purposes only and may not be the actual returns applicable to the investor. The numbers appearing in the table have
been rounded for ease of analysis.
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Product Risks
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Investment may result in a loss of up to 100% of principal.
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The value of the securities and the payment of any amount
due on the securities are subject to the credit risk of Credit Suisse.
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The securities do not pay interest.
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The return on the securities is affected by the Final Level
of the Lowest Performing Underlying and the occurrence of a Knock-In Event.
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The Redemption Amount will be based on the Underlying Return
of the Lowest Performing Underlying and, therefore, you will not benefit from the performance of any other Underlying.
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(See “Additional Risk Considerations”
on the next page).
Product Summary
Horizon (years)
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4 Years
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Principal Repayment
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Principal at Risk
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Investment Objective
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Appreciation
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Market Outlook
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Bullish
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FINANCIAL PRODUCTS
FACT SHEET
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Offering Period: May 31, 2013 – June 27, 2013
4 Year Digital-Plus Barrier Notes
Additional Risk Considerations
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The securities are exposed to the risk of fluctuations in
the level of the Underlyings to the same degree for each Underlying.
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Prior to maturity, costs such as concessions and hedging
may affect the value of the securities.
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Liquidity – The securities will not be listed on any
securities exchange. Credit Suisse (or its affiliates) intends to offer to purchase the securities in the secondary market but
is not required to do so. Many factors, most of which are beyond the control of the Issuer, will influence the value of the securities
and the price at which the securities may be purchased or sold in the secondary market. For example, the creditworthiness of the
Issuer, including actual or anticipated downgrades to the Issuer’s credit ratings, may be a contributing factor.
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Potential Conflicts – We and our affiliates play a
variety of roles in connection with the issuance of the securities including acting as calculation agent and hedging our obligations
under the securities. The agent for this offering, Credit Suisse Securities (USA) LLC (“CSSU”), is our affiliate.
In accordance with FINRA Rule 5121, CSSU may not make sales in this offering to any discretionary account without prior written
approval of the customer.
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As a holder of the securities, you will not have voting rights
or rights to receive cash dividends or other distributions with respect to the equity securities comprising the Underlying.
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The risks set forth in the section entitled
“Product Risks” on the preceding page and this section “Additional Risk Considerations” are only intended
as summaries of some of the risks relating to an investment in the securities. Prior to investing in the securities, you should,
in particular, review the “Product Risks” and “Additional Risk Considerations” sections herein, the “Selected
Risk Considerations” section in the pricing supplement, and the “Risk Factors” section of the product supplement,
which set forth risks related to an investment in the securities.
Disclaimer
IRS Circular 230 Disclosure: Credit Suisse
and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any
attachments) is not intended or written to be used and cannot be used, in connection with the promotion, marketing or recommendation
by anyone unaffiliated with Credit Suisse of any of the matters address herein or for the purpose of avoiding U.S. tax-related
penalties.
Investment suitability must be determined
individually for each investor, and the financial instruments described herein may not be suitable for all investors. The products
described herein should generally be held to maturity as early sales could result in lower than anticipated returns. This information
is not intended to provide and should not be relied upon as providing accounting, legal, regulatory or tax advice. Investors should
consult with their own advisors as to these matters.
This material is not a product of Credit Suisse
Research Departments. Financial Products may involve a high degree of risk, and may be appropriate investments only for sophisticated
investors who are capable of understanding and assuming the risks involved. Credit Suisse and its affiliates may have positions
(long or short), effect transactions or make markets in securities or financial instruments mentioned herein (or options with
respect thereto), or provide advice or loans to, or participate in the underwriting or restructuring of the obligations, issuers
of the stocks comprising the applicable index, indices or fund mentioned herein. Credit Suisse is a member of FINRA, NYSE and
SIPC. Clients should contact their salespersons at, and execute transactions through, a Credit Suisse entity qualified in their
home jurisdiction unless governing law permits otherwise.
You may revoke your offer to purchase the
securities at any time prior to the time at which we accept such offer on the date the securities are priced. We reserve the right
to change the terms of, or reject any offer to purchase the securities prior to their issuance. In the event of any changes to
the terms of the securities, we will notify you and you will be asked to accept such changes in connection with your purchase.
You may also choose to reject such changes in which case we may reject your offer to purchase.
This document is a summary of the terms
of the securities and factors that you should consider before deciding to invest in the securities. Credit Suisse has filed a
registration statement (including pricing supplement, product supplement, underlying supplement, prospectus supplement and prospectus)
with the Securities and Exchange Commission, or SEC, for the offering to which this offering summary relates. Before you invest,
you should read this summary together with the Preliminary Pricing Supplement dated May 31, 2013, Underlying Supplement dated
November 19, 2012, Product Supplement No. T-I dated March 23, 2012, Prospectus Supplement dated March 23, 2012 and Prospectus
dated March 23, 2012 to understand fully the terms of the securities and other considerations that are important in making a decision
about investing in the securities. You may get these documents without cost by visiting EDGAR on the SEC Web site at
www.sec.gov
.
Alternatively, Credit Suisse, any agent or any dealer participating in this offering will arrange to send you the pricing supplement,
product supplement, underlying supplement, prospectus supplement and prospectus if you so request by calling toll-free 1 (800)
221-1037.
You may access the pricing supplement related
to the offering summarized herein on the SEC website at:
http://www.sec.gov/Archives/edgar/data/1053092/000095010313003353/dp38622_424b2-t216.htm
You may access the product supplement,
underlying supplement, prospectus supplement and prospectus on the SEC website at
www.sec.gov
or by clicking on the hyperlinks to each of the respective documents incorporated by reference in the pricing supplement.