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Published on 9/5/2017 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $8.18 million PLUS linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Sept. 5 – Credit Suisse AG, London Branch priced $8.18 million of 0% Performance Leveraged Upside Securities due Dec. 5, 2018 linked 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 of $10 plus 300% of the index return, subject to a maximum return of 15.7%. If the index return is negative, investors will be exposed to the decline.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Wealth Management acting as distributor.

Issuer:Credit Suisse AG, London Branch
Issue:Performance Leveraged Upside Securities
Underlying index:Russell 2000
Amount:$8,178,700
Maturity:Dec. 5, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 300% of index return, subject to 15.7% maximum return; if index declines, full exposure to decline
Initial index level:1,405.277
Pricing date:Aug. 31
Settlement date:Sept. 6
Agent:Credit Suisse Securities (USA) LLC
Distributor:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:22549C774

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