New Issue: Credit Suisse sells $6.05 million PLUS due 2019 tied to financial fund

By Wendy Van Sickle

Columbus, Ohio, Nov. 7 – Credit Suisse AG, London Branch priced $6.05 million of 0% Performance Leveraged Upside Securities due Dec. 4, 2019 linked to the Financial Select Sector SPDR fund, according to a 424B2 filed with the Securities and Exchange Commission.

If the fund finishes above its initial level, the payout at maturity will be par of $10 plus 300% of the gain, up to a maximum payment at maturity of $11.60 per security.

Otherwise, investors will be fully exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Smith Barney LLC as the dealer.

Issuer:	Credit Suisse AG, London Branch
Issue:	Performance Leveraged Upside Securities
Underlying fund:	Financial Select Sector SPDR fund
Amount:	$6,054,700
Maturity:	Dec. 4, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If fund finishes above its initial level, par plus 300% of the gain, up to a maximum payment of $11.60 per security; otherwise, full exposure to any losses
Initial level:	$25.92
Pricing date:	Oct. 30
Settlement date:	Nov. 5
Agent:	Credit Suisse Securities (USA) LLC
Dealer:	Morgan Stanley Smith Barney LLC
Fees:	2.25%
Cusip:	22549R698

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