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Published on 10/29/2015 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $346,000 leveraged buffered notes linked to MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Oct. 29 – Credit Suisse AG, London Branch priced $346,000 of 0% leveraged buffered notes due Oct. 31, 2017 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 160% of the gain, subject to a maximum settlement amount of $1,304 for each $1,000 principal amount of notes. Investors will receive par if the index falls by up to 12.5% and lose 1.1429% for every 1% that the index declines beyond 12.5%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, London Branch
Issue:Leveraged buffered notes
Underlying index:MSCI EAFE
Amount:$346,000
Maturity:Oct. 31, 2017
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 160% of index return, up to 30.4% maximum return; par if index falls by 12.5% or less; 1.1429% loss for every 1% decline in index beyond 12.5%
Initial index level:1,779.25
Pricing date:Oct. 26
Settlement date:Nov. 2
Underwriter:Credit Suisse Securities (USA) LLC
Fees:None
Cusip:22546VNY8

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