New Issue: Credit Suisse prices $1.23 million PLUS on Financial Select Sector SPDR

By Wendy Van Sickle

Columbus, Ohio, Aug. 3 – Credit Suisse AG, London Branch priced $1.23 million of 0% Performance Leveraged Upside Securities due Nov. 3, 2017 linked to the Financial Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 300% of any fund gain, up to a maximum return of 17.3%.

Investors will lose 1% for each 1% decline.

Credit Suisse Securities (USA) LLC is the agent, and Morgan Stanley Wealth Management is a distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Performance Leveraged Upside Securities
Underlying fund:	Financial Select Sector SPDR
Amount:	$1,233,700
Maturity:	Nov. 3, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 300% of index return, subject to 17.3% maximum return; full exposure to any index decline
Initial level:	$23.64
Pricing date:	July 29
Settlement date:	Aug. 3
Agent:	Credit Suisse Securities (USA) LLC
Dealer:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	22548R699

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