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Published on 7/5/2016 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $6.04 million PLUS linked to S&P 500

By Angela McDaniels

Tacoma, Wash., July 5 – Credit Suisse AG, London Branch priced $6.04 million of 0% Performance Leveraged Upside Securities due Oct. 4, 2017 linked to the S&P 500 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 300% of the index return, subject to a maximum return of 15.1%. If the index return is negative, investors will be exposed to the decline.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Wealth Management acting as distributor.

Issuer:Credit Suisse AG, London Branch
Issue:Performance Leveraged Upside Securities
Underlying index:S&P 500
Amount:$6,038,130
Maturity:Oct. 4, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 300% of index return, subject to 15.1% maximum return; if index declines, full exposure to decline
Initial level:2,098.86
Pricing date:June 30
Settlement date:July 6
Agent:Credit Suisse Securities (USA) LLC
Distributor:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:22548R582

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