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Published on 11/4/2015 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $15.61 million Accelerated Return Notes on indexes

By Susanna Moon

Chicago, Nov. 4 – Credit Suisse AG, London branch priced $15.61 million of 0% Accelerated Return Notes due Dec. 30, 2016 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a weight of 40%, the FTSE 100 index with a weight of 20%, the Nikkei stock average index with a weight of 20%, the Swiss Market index with a weight of 7.5%, the S&P/ASX 200 Index with a weight of 7.5% and the Hang Seng index with a weight of 5%.

The payout at maturity will be par plus triple any index gain, up to a maximum return of 13.56%.

Investors will be exposed to any losses.

BofA Merrill Lynch is the underwriter.

Issuer:Credit Suisse AG, London branch
Issue:Accelerated Return Notes
Underlying index:Euro Stoxx 50 index (40% weight), the FTSE 100 index (20% weight), Nikkei stock average index (20% weight), Swiss Market index (7.5% weight), S&P/ASX 200 index (7.5% weight) and the Hang Seng index (5% weight)
Amount:$13,262,930
Maturity:Dec. 30, 2016
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of any index gain, capped at 13.56%; exposure to any losses
Initial levels:3,413.39 for Euro Stoxx, 6,395.80 for FTSE, 18,935.71 for Nikkei, 8,957.27 for Swiss Market, 5,266.857 for S&P/ASX and 22,819.94 for Hang Seng
Pricing date:Oct. 29
Settlement date:Nov. 5
Underwriters:BofA Merrill Lynch
Fees:2%
Cusip:22548D336

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