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Published on 6/21/2017 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $2.49 million 15-month PLUS linked to Russell 2000

By Marisa Wong

Morgantown, W.Va., June 21 – Credit Suisse AG, London Branch priced $2.49 million of 0% Performance Leveraged Upside Securities due Oct. 3, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 300% of any index gain, up to a maximum return of 17.8%.

Investors will be exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:Credit Suisse AG, London Branch
Issue:Performance Leveraged Upside Securities
Underlying index:Russell 2000
Amount:$2,494,760
Maturity:Oct. 3, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, up to a maximum return of 17.8%; investors will be exposed to any losses
Initial level:1,406.728
Pricing date:June 16
Settlement date:June 21
Agent:Credit Suisse Securities (USA) LLC with Morgan Stanley Wealth Management handling distribution
Fees:2.25%
Cusip:22549C253

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