New Issue: Credit Suisse prices $5.12 million Certificate Plus linked to S&P 500

By Marisa Wong

Madison, Wis., Nov. 29 - Credit Suisse AG, Nassau Branch priced $5.12 million of 0% Certificate Plus due Nov. 30, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

A knock-in event will occur if the final index level is less than 65% of the initial level.

If the index return is positive, the payout at maturity will be par plus 148% of the index gain.

If a knock-in event occurs, the payout will be par plus index return with full exposure to losses. Otherwise, the payout will be par.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Certificate Plus
Underlying index:	S&P 500
Amount:	$5,123,000
Maturity:	Nov. 30, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 148% of any index gain; par plus index return if final index level is less than knock-in level, investors will be fully exposed to losses; otherwise, par
Initial index level:	1,398.94
Knock-in level:	909.31, 65% of initial level
Pricing date:	Nov. 27
Settlement date:	Nov. 30
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	3.82%
Cusip:	22546TL33

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