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Published on 4/26/2016 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $4.08 million Bares linked to iShares MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, April 26 – Credit Suisse AG, London Branch priced $4.08 million of Buffered Accelerated Return Equity Securities due Oct. 26, 2017 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus 150% of the ETF return, subject to a maximum return of 18%. Investors will receive par if the ETF falls by up to 20% and lose 1.25% for every 1% decline in the ETF beyond 20%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered Accelerated Return Equity Securities
Underlying ETF:iShares MSCI EAFE ETF
Amount:$4,075,000
Maturity:Oct. 26, 2017
Coupon:0%
Price:Par
Payout at maturity:If ETF return is positive, par plus 150% of ETF return, up to 18% maximum return; par if ETF falls by up to 20%; 1.25% loss for every 1% decline in ETF beyond 20%
Initial share price:$59.51
Pricing date:April 22
Settlement date:April 27
Underwriter:Credit Suisse Securities (USA) LLC
Fees:None
Cusip:22548Q4P7

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