New Issue: Credit Suisse prices $7.69 million PLUS with cap tied to banking fund

By Susanna Moon

Chicago, Feb. 15 – Credit Suisse AG, London branch priced $7.69 million of 0% Performance Leveraged Upside Securities due May 3, 2019 linked to the SPDR S&P Regional Banking exchange-traded fund, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any fund gain, up to a maximum return of 20.2%.

Investors will be exposed to any losses.

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

Issuer:	Credit Suisse AG, London branch
Issue:	Performance Leveraged Upside Securities
Underlying fund:	SPDR S&P Regional Banking ETF
Amount:	$7,692,380
Maturity:	May 3, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any fund gain, capped at 20.2%; 1% loss per 1% decline
Initial level:	$62.30
Pricing date:	Jan. 31
Settlement date:	Feb. 5
Agent:	Credit Suisse Securities (USA) LLC
Dealer:	Morgan Stanley Wealth Management
Fees:	1.75%
Cusip:	22549E168

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