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Published on 3/16/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $3.08 million 13-month PLUS linked to S&P 500

By Tali Rackner

Minneapolis, March 16 – Credit Suisse AG, London Branch priced $3.08 million of 0% Performance Leveraged Upside Securities due April 2, 2019 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum payment of $11.135 per PLUS.

Investors will be exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Smith Barney LLC handling distribution.

Issuer:Credit Suisse AG, London Branch
Issue:Performance Leveraged Upside Securities
Underlying index:S&P 500
Amount:$3,083,300
Maturity:April 2, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus triple any index gain, up to a maximum payment of $11.135 per PLUS; full exposure to losses
Initial level:2,713.83
Pricing date:Feb. 28
Settlement date:March 5
Agent:Credit Suisse Securities (USA) LLC with Morgan Stanley Smith Barney LLC handling distribution
Fees:2.25%
Cusip:22549E580

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