New Issue: Credit Suisse prices $699,000 high/low coupon buffered notes linked to Russell 2000

By Susanna Moon

Chicago, July 30 - Credit Suisse AG, London Branch priced $699,000 of high/low coupon buffered securities due July 31, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The coupon will be 6% per year unless the index closes below the initial level, in which case the coupon will be 2% per year for that and each subsequent interest period. Interest will be payable annually.

The payout at maturity will be par unless index falls by more than 20%, in which case investors will be exposed to any losses beyond 20%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	High/low coupon buffered securities
Underlying index:	Russell 2000 index
Amount:	$699,000
Maturity:	July 31, 2018
Coupon:	6%, payable annually, unless index closes below initial level, in which case 2% per year for that and each subsequent interest period
Price:	Par
Payout at maturity:	Par unless index falls by more than 20%, in which case par exposure to losses beyond 20%
Initial index level:	1,040.66
Pricing date:	July 29
Settlement date:	July 31
Agent:	Credit Suisse Securities (USA) LLC
Fees:	3.45%
Cusip:	22547Q4W3

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