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Published on 3/31/2016 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $2.4 million trigger return optimization securities on Euro Stoxx

By Wendy Van Sickle

Columbus, Ohio, March 31 – Credit Suisse AG, London Branch priced $2.4 million of 0% trigger return optimization securities due March 29, 2019 linked to the Euro Stoxx 50 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 double the index return, subject to a maximum return of 57.25%.

If the index falls but by no more than 25%, the payout will be par.

Otherwise, investors will have full exposure to the index’s decline.

UBS Financial Services Inc. is the distributor.

Issuer:Credit Suisse AG, London Branch
Issue:Trigger return optimization securities
Underlying index:Euro Stoxx 50
Amount:$2,399,280
Maturity:March 29, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus double any index gain, with 57.25% maximum return; par if index falls by 25% or less; full exposure to losses if index falls more than 25%
Initial level:3,004.87
Trigger level:2,253.65, 75% of initial level
Pricing date:March 29
Settlement date:March 31
Distributor:UBS Financial Services Inc.
Fees:2.5%
Cusip:22548J671

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