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Published on 2/9/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $7.40 million trigger PLUS on Hang Seng China

By Marisa Wong

Morgantown, W.Va., Feb. 9 – Credit Suisse AG, London Branch priced $7,395,150 of 0% trigger Performance Leveraged Upside Securities due Aug. 5, 2019 linked to the Hang Seng China Enterprises index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any index gain, up to a maximum return of 32.5%.

Investors will receive par if the index falls by up to 15% and will be fully exposed to any losses if the index finishes below the 85% trigger level.

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

Issuer:Credit Suisse AG, London Branch
Issue:Trigger Performance Leveraged Upside Securities
Underlying index:Hang Seng China Enterprises index
Amount:$7,395,150
Maturity:Aug. 5, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any index gain, up to a maximum return of 32.5%; par if the index falls by up to 15%; full exposure to any losses if the index finishes below trigger level
Initial index level:13,561.65
Trigger level:11,527.40, 85% of initial level
Pricing date:Jan. 31
Settlement date:Feb. 5
Agent:Credit Suisse Securities (USA) LLC with Morgan Stanley Smith Barney LLC handling distribution
Fees:2.5%
Cusip:22549E226

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