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Published on 4/17/2017 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $5.4 million market-linked notes on Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., April 17 – Credit Suisse AG priced $5.4 million of 0% market-linked securities with leveraged upside participation to a cap and fixed percentage buffered downside due Oct. 5, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any index gain, up to a maximum return of 16%.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond 10%.

Wells Fargo Securities, LLC is the agent.

Issuer:Credit Suisse AG
Issue:Market-linked securities – leveraged upside participation to a cap and fixed percentage buffered downside
Underlying index:Euro Stoxx 50 index
Amount:$5.4 million
Maturity:Oct. 5, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any index gain, capped at 16%; par if the index falls by up to 10%; 1% loss for each 1% decline beyond 10%
Initial level:3,500.93
Threshold level:3,150.837, 90% of initial level
Pricing date:March 31
Settlement date:April 5
Agent:Wells Fargo Securities, LLC
Fees:2.23%
Cusip:22548QX59

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