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Published on 2/23/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $29.24 million PLUS linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Feb. 23 – Credit Suisse AG, London Branch priced $29.24 million of 0% Performance Leveraged Upside Securities due May 24, 2019 linked 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 of $10 plus 300% of the index return, subject to a maximum return of 32.5%. If the index return is negative, investors will be exposed to the decline.

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

Issuer:Credit Suisse AG, London Branch
Issue:Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$29,243,270
Maturity:May 24, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 300% of index return, subject to 32.5% maximum return; if index declines, full exposure to decline
Initial index level:3,430.16
Pricing date:Feb. 21
Settlement date:Feb. 26
Agent:Credit Suisse Securities (USA) LLC
Distributor:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:22549E465

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