New Issue: Credit Suisse prices $3.62 million PLUS tied to S&P 500

By Kiku Steinfeld

Chicago, March 19 – Credit Suisse AG, London Branch priced $3.62 million of 0% Performance Leveraged Upside Securities due March 24, 2021 linked to the S&P 500 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, up to $11.50 per $10 PLUS. Investors will be fully exposed to any losses of the index.

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

Issuer:	Credit Suisse AG, London Branch
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$3,615,270
Maturity:	March 24, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 200% of index return up to $11.50 per $10 PLUS; 1% loss for every 1% decline from initial level
Initial level:	2746.56
Pricing date:	March 9
Settlement date:	March 12
Agent:	Credit Suisse Securities (USA) LLC
Distributor:	Morgan Stanley Smith Barney LLC
Fees:	2.25%
Cusip:	22550V331

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