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Published on 12/13/2017 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $557,000 Bares linked to Euro Stoxx 50, Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Dec. 13 – Credit Suisse AG, London Branch priced $557,000 of 0% Buffered Accelerated Return Equity Securities due June 13, 2019 linked to the lowest performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any gain of the lesser performing index.

Investors will receive par if the lesser performing index falls by up to 12% and will lose 1% for each 1% decline of the lesser performing index beyond 12%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered Accelerated Return Equity Securities
Underlying indexes:Euro Stoxx 50 and Russell 2000
Amount:$557,000
Maturity:June 13, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.5 times any gain of the lesser performing index; par if the lesser performing index falls by up to 12%; 1% loss for each 1% decline of the lesser performing index beyond 12%
Initial index levels:3,591.45 for Stoxx, 1,521.724 for Russell
Buffer levels:3,160.476 for Stoxx and 1,339.11712 for Russell; 88% of initial levels
Pricing date:Dec. 8
Settlement date:Dec. 13
Agent:Credit Suisse Securities (USA) LLC
Fees:2.1%
Cusip:22550BSC8

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