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Published on 4/8/2016 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $2.35 million Bares linked to Russell 2000

New York, April 8 – Credit Suisse AG, London branch priced $2.35 million of 0% Buffered Accelerated Return Equity Securities due Oct. 12, 2017 tied to the Russell 2000 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 200% of the index return, subject to a maximum payout of par plus 16.2%. Investors will receive par if the index falls by up to 10% and lose 1% for every 1% decline in the index beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, London branch
Issue:Buffered Accelerated Return Equity Securities
Underlying index:Russell 2000 Index
Amount:$2,353,000
Maturity:Oct. 12, 2017
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 200% of the index return, subject to maximum payout of par plus 16.2%; par if index falls by up to 10%; 1% loss for every 1% decline in the index beyond 10%
Initial index level:1,108.813
Pricing date:April 6
Settlement date:April 11
Underwriters:Credit Suisse Securities (USA) LLC
Fees:0.8%
Cusip:22548Q3J2

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