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Published on 7/31/2015 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $1.35 million digital buffered notes on Russell

By Susanna Moon

Chicago, July 31 – Credit Suisse AG, London Branch priced $1.35 million of 0% digital buffered notes due Jan. 31, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 80% buffer level, the payout at maturity will be par plus a fixed return of 17.25%.

Otherwise, investors will lose 1% for every 1% decline beyond 20%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Digital buffered notes
Underlying index:Russell 2000
Amount:$1,347,000
Maturity:Jan. 31, 2019
Coupon:0%
Price:Par
Payout at maturity:If index gains or falls by up to 20%, par plus 17.25%; otherwise, 1% loss per 1% drop beyond 20%
Initial level:1,229.599
Pricing date:July 29
Settlement date:July 31
Agent:Credit Suisse Securities (USA) LLC
Fees:3%
Cusip:22546VGN0

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