New Issue: Credit Suisse sells $1.99 million PLUS due 2020 linked to Tokyo Stock Price index

By Wendy Van Sickle

Columbus, Ohio, Jan. 8 – Credit Suisse AG, London Branch priced $1.99 million of 0% Performance Leveraged Upside Securities due Jan. 31, 2020 linked to the Tokyo Stock Price index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par of $10 plus 300% of the gain up to a maximum payment of $12.15 per PLUS.

Investors will be fully exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Smith Barney LLC as distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Performance Leveraged Upside Securities
Underlying index:	Tokyo Stock Price index
Amount:	$1,991,650
Maturity:	Jan. 31, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at $12.15 per PLUS; otherwise, 1% loss per 1% decline
Initial level:	1,494.09
Pricing date:	Dec. 28
Settlement date:	Jan. 4
Agent:	Credit Suisse Securities (USA) LLC
Dealer:	Morgan Stanley Smith Barney LLC
Fees:	2.25%
Cusip:	22549Y263

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