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Published on 2/26/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $2.71 million PLUS on iShares China Large-Cap ETF

By Marisa Wong

Morgantown, W.Va., Feb. 26 – Credit Suisse AG, London Branch priced $2.71 million of 0% Performance Leveraged Upside Securities due June 5, 2019 linked to the iShares China Large-Cap exchange-traded fund, according to a 424B2 with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any ETF gain, up to a maximum payment of $12.50 per PLUS.

Investors will be exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:Credit Suisse AG, London Branch
Issue:Performance Leveraged Upside Securities
Underlying ETF:iShares China Large-Cap ETF
Amount:$2,714,850
Maturity:June 5, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus triple any ETF gain, up to a maximum payment of $12.50 per PLUS; full exposure to losses
Initial fund level:$49.37
Pricing date:Feb. 16
Settlement date:Feb. 22
Agent:Credit Suisse Securities (USA) LLC with Morgan Stanley Wealth Management handling distribution
Fees:2.25%
Cusip:22549E309

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