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Published on 6/19/2017 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $699,000 three-year Bares linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., June 19 – Credit Suisse AG, London Branch priced $699,000 of 0% Buffered Accelerated Return Equity Securities due June 12, 2020 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 116% of the index return. Investors will receive par if the index falls by up to 20% and lose 1% for every 1% decline in the index beyond 20%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, London branch
Issue:Buffered Accelerated Return Equity Securities
Underlying index:Euro Stoxx 50
Amount:$699,000
Maturity:June 12, 2020
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 116% of the index return; par if index falls by up to 20%; 1% loss for every 1% decline in the index beyond 20%
Initial index level:3,586.07
Buffer level:2,868.856, 80% of initial level
Pricing date:June 9
Settlement date:June 14
Underwriters:Credit Suisse Securities (USA) LLC
Fees:0.7%
Cusip:22550BA86

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