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Published on 11/18/2016 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $1.61 million of digital buffered notes on Russell

By Susanna Moon

Chicago, Nov. 18 – Credit Suisse AG, London Branch priced $1.61 million of 0% digital buffered notes due May 4, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 90% threshold level, the payout at maturity will be par plus the fixed payment of 13.35%.

Otherwise, investors will lose 1% for every 1% decline beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Digital buffered notes
Underlying index:Russell 2000
Amount:$1,609,000
Maturity:May 4, 2018
Coupon:0%
Price:Par
Payout at maturity:If final index level is at least 90% of initial level, par plus 13.35%; otherwise, 1% loss per 1% drop beyond 10%
Initial index level:1302.144
Pricing date:Nov. 15
Settlement date:Nov. 18
Agent:Credit Suisse Securities (USA) LLC
Fees:0.8%
Cusip:22548QNJ0

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