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Published on 8/4/2015 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $14.71 million Leveraged Index Return Notes tied to index basket

By Toni Weeks

San Luis Obispo, Calif., Aug. 4 – Credit Suisse AG, London Branch priced $14.71 million of 0% Leveraged Index Return Notes due July 28, 2017 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei Stock Average index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

If the basket return is positive, the payout at maturity will be par of $10 plus 138.1% of the basket return. If the basket return is negative, investors will be fully exposed to the decline.

The final basket level will be the average of the basket levels on the five trading days ending July 25, 2017.

BofA Merrill Lynch is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Leveraged Index Return Notes
Underlying basket:Euro Stoxx 50 index (40% weight), FTSE 100 index (20% weight), Nikkei Stock Average index (20% weight), Swiss Market index (7.5% weight), S&P/ASX 200 index (7.5% weight) and Hang Seng index (5% weight)
Amount:$14,708,760
Maturity:July 28, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 138.1% of basket return; full exposure to any basket decline
Initial basket level:100
Pricing date:July 30
Settlement date:Aug. 6
Agent:BofA Merrill Lynch
Fees:2%
Cusip:22548D492

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