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Published on 4/27/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $2.25 million PLUS with cap tied to Stoxx 50

By Susanna Moon

Chicago, April 27 – Credit Suisse AG, London branch priced $2.25 million of 0% Performance Leveraged Upside Securities due Aug. 5, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus 300% of the gain up to a maximum payment of $14.86 per $10.00 PLUS.

Investors will be fully exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London branch
Issue:Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$5,405,190
Maturity:Aug. 5, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, capped at 48.6%; otherwise, 1% loss per 1% decline
Initial level:3,448
Pricing date:April 13
Settlement date:April 18
Agent:Credit Suisse Securities (USA) LLC
Fees:1.75%
Cusip:22549M152

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