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Published on 1/18/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $349,000 PLUS linked to S&P Midcap 400

By Wendy Van Sickle

Columbus, Ohio, Jan. 18 – Credit Suisse AG, London Branch priced $349,000 of 0% Performance Leveraged Upside Securities due May 3, 2019 linked to the S&P Midcap 400 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 11.75%. 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:S&P Midcap 400
Amount:$349,000
Maturity:May 3, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 300% of index return, subject to 11.75% maximum return; if index declines, full exposure to decline
Initial index level:1,965.97
Pricing date:Jan. 12
Settlement date:Jan. 18
Agent:Credit Suisse Securities (USA) LLC
Distributor:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:22549D830

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