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Published on 12/16/2016 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $2.37 million buffered PLUS linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Dec. 16 – Credit Suisse AG, London Branch priced $2.37 million of 0% buffered Performance Leveraged Upside Securities due July 3, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum return of 49.5%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index may decline beyond 10%.

Credit Suisse Securities (USA) LLC is the agent. Morgan Stanley Wealth Management is distributor.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$2,370,500
Maturity:July 3, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 200% of index return, subject to 49.5% maximum return; par if index declines by 10% or less; 1% loss for every 1% that index may decline beyond 10%
Initial index level:3,211.71
Pricing date:Dec. 14
Settlement date:Dec. 19
Agent:Credit Suisse Securities (USA) LLC
Distributor:Morgan Stanley Wealth Management
Fees:3%
Cusip:22548T729

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