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Published on 5/22/2017 in the Prospect News Structured Products Daily.

Credit Suisse plans trigger PLUS due 2018 with cap tied to Topix

By Susanna Moon

Chicago, May 22 – Credit Suisse AG, London branch plans to price 0% trigger Performance Leveraged Upside Securities due July 5, 2018 linked to the Tokyo Stock Price index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, up to a maximum return of 12.05%.

Investors will receive par if the index falls by up to 10% and will be fully exposed to any losses if the index finishes below the 90% trigger level.

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

The notes will price on May 31.

The Cusip number is 22549C154.


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