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Published on 7/20/2017 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $8.27 million trigger jump notes tied to Apple

New York, July 20 – Credit Suisse AG, London Branch priced $8.27 million of 0% trigger jump securities due Aug. 5, 2019 linked to the common stock of Apple Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If Apple stock finishes at or above its initial price, the payout at maturity will be par plus 28.6%.

Investors will receive par if Apple shares fall by up to 10% and will be fully exposed to any losses if the stock finishes below the 90% knock-in level.

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

Issuer:Credit Suisse AG, London Branch
Issue:Trigger jump securities
Underlying stock:Apple Inc. (Symbol: AAPL)
Amount:$8,265,700
Maturity:Aug. 5, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If Apple stock finishes at or above its initial price, par plus 28.6%; par if Apple shares fall by up to 10%; full exposure to any losses if the stock finishes below the knock-in level
Initial price:$149.04
Knock-in price:$134.14, 90% of initial level
Pricing date:July 14
Settlement date:July 19
Agent:Credit Suisse Securities (USA) LLC with Morgan Stanley Wealth Management handling distribution
Fees:2.5%
Cusip:22549C451

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