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Published on 8/10/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse lifts jump securities linked to S&P 500 to $8.42 million

By Marisa Wong

Morgantown, W.Va., Aug. 10 – Credit Suisse AG, London Branch revised the total amount of 0% jump securities due Nov. 5, 2019 linked to the S&P 500 index to $8,418,160 from $8,383,160, according to an amended 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus the upside payment of 11.57%.

Investors will be exposed to any losses.

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

Issuer:Credit Suisse AG, London Branch
Issue:Jump securities
Underlying index:S&P 500
Amount:$8,418,160
Maturity:Nov. 5, 2019
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 11.57%; exposure to any losses
Initial level:2,816.29
Pricing date:July 31
Settlement date:Aug. 3
Agent:Credit Suisse Securities (USA) LLC with Morgan Stanley Wealth Management handling distribution
Fees:2.25%
Cusip:22549R102

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