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Published on 1/7/2016 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $2.42 million digital buffered notes on Russell

By Marisa Wong

Morgantown, W.Va., Jan. 7 – Credit Suisse AG, London Branch priced $2.42 million 0% digital buffered notes due July 2, 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 its initial level, the payout at maturity will be par plus the fixed payment of 18.5%.

Investors will receive par if the index falls by up to 20% and will lose 1% for each 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:$2,421,000
Maturity:July 2, 2019
Coupon:0%
Price:Par
Payout at maturity:If index return is at least zero, par plus 18.5%; par if index falls by up to 20%; 1% loss for each 1% drop beyond 20%
Initial level:1,160.522
Pricing date:Dec. 29
Settlement date:Dec. 31
Agent:Credit Suisse Securities (USA) LLC
Fees:3.25%
Cusip:22546VRR9

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