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Published on 12/27/2017 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $9.17 million Accelerated Return Notes on Nikkei

By Wendy Van Sickle

Columbus, Ohio, Dec. 27 – Credit Suisse AG, London Branch priced $9.17 million of 0% Accelerated Return Notes due Feb. 22, 2019 linked to the JPX-Nikkei Index 400, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 300% of any index gain, subject to a maximum return of 15.9%. Investors will be exposed to any index decline.

BofA Merrill Lynch is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Accelerated Return Notes
Underlying index:JPX-Nikkei Index 400
Amount:$9,172,880
Maturity:Feb. 22, 2019
Coupon:0%
Price:Par of $10.00
Payout at maturity:Par plus 300% of any index gain, capped at 15.9%; exposure to any index decline
Initial level:16,138.80
Final level:Average of closing levels on five trading days ending Feb. 19, 2019
Pricing date:Dec. 21
Settlement date:Dec. 29
Agent:BofA Merrill Lynch
Fees:2%
Cusip:22548Y876

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