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Published on 9/22/2017 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $1.63 million Bares linked to Euro Stoxx 50 index, MSCI EM fund

By Wendy Van Sickle

Columbus, Ohio, Sept. 22 – Credit Suisse AG, London Branch priced $1.63 million of 0% Buffered Accelerated Return Equity Securities due Sept. 23, 2019 linked to the lowest performing of the Euro Stoxx 50 index and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying finishes at or above its initial level, the payout at maturity will be par plus double the return of the worse performing underlying, up to an underlying cap of 70%.

Investors will receive par if each underlying falls by no more than 10% and will lose 1% for each 1% decline of the worse performing underlying beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered Accelerated Return Equity Securities
Underlying assets:Euro Stoxx 50 index, iShares MSCI Emerging Markets ETF
Amount:$1.63 million
Maturity:Sept. 23, 2019
Coupon:0%
Price:Par
Payout at maturity:If return of each asset is positive, par plus 200% of return of lesser performer, up to 70% maximum return; par if each underlying falls by no more than 10% and 1% loss for each 1% decline of the worse performing underlying beyond 10%
Initial levels:3,526.74 for index, $45.75 for ETF
Buffer levels:3,174.066 for index, $41.175 for ETF; 90% of initial levels
Pricing date:Sept. 18
Settlement date:Sept. 21
Agent:Credit Suisse Securities (USA) LLC
Fees:3%
Cusip:22550BHW6

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