New Issue: Credit Suisse sells $7.24 million PLUS due 2020 tied to MSCI EM fund

By Sarah Lizee

Olympia, Wash., Oct. 3 – Credit Suisse AG, London Branch priced $7.24 million of 0% Performance Leveraged Upside Securities due Jan. 3, 2020 linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filed with the Securities and Exchange Commission.

If the fund finishes above its initial level, the payout at maturity will be par of $10 plus 300% of the gain, up to a maximum payment at maturity of $12 per security.

Otherwise, investors will be fully exposed to any losses.

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

Issuer:	Credit Suisse AG, London Branch
Issue:	Performance Leveraged Upside Securities
Underlying fund:	iShares MSCI Emerging Markets
Amount:	$7,237,260
Maturity:	Jan. 3, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If fund finishes above its initial level, par plus 300% of the gain, up to a maximum payment of $12 per security; otherwise, full exposure to any losses
Initial level:	$42.92
Pricing date:	Sept. 28
Settlement date:	Oct. 3
Agent:	Credit Suisse Securities (USA) LLC
Dealer:	Morgan Stanley Smith Barney LLC
Fees:	1.8%
Cusip:	22549R292

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