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Published on 7/1/2016 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $3.57 million 5.35% coupon buffered notes tied to index, fund

By Susanna Moon

Chicago, July 1 – Credit Suisse AG, London Branch priced $3.57 million of 5.35% coupon buffered securities due Dec. 1, 2017 linked to the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless either component finishes below the 75% barrier level, in which case investors will lose 1.25% for each 1% decline of the worst performing component beyond 25%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Coupon buffered securities
Underlyings:Russell 2000 index and the iShares MSCI EAFE ETF
Amount:$3.57 million
Maturity:Dec. 1, 2017
Coupon:5.35%, payable monthly
Price:Par
Payout at maturity:Par unless worst performing component falls by more than 25%, in which case 1.25% loss per each 1% decline of worst performing component beyond 25%
Initial levels:1,089.646 for Russell, $52.64 for EAFE fund
Barrier levels:75% of initial levels
Pricing date:June 28
Settlement date:July 1
Agent:Credit Suisse Securities (USA) LLC
Fees:None
Cusip:22548QBW4

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