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Published on 12/8/2015 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $695,000 Bares linked to S&P 500 index

By Tali Rackner

Norfolk, Va., Dec. 8 – Credit Suisse AG, London branch priced $695,000 of 0% Buffered Accelerated Return Equity Securities due March 6, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater or equal to the initial level, the payout at maturity will be par plus 2.5 times any index gain, up to a maximum return of 13.1%.

Investors will receive par if the index declines by up to 5% and will be fully exposes to the losses beyond the 5% buffer.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London branch
Issue:Buffered Accelerated Return Equity Securities
Underlying index:S&P 500
Amount:$695,000
Maturity:March 6, 2017
Coupon:0%
Price:Par of $1,000
Payout at maturity:Par plus 2.5 times any index gain, capped at 13.1%; par if index declines by up to 5%, exposure to any losses beyond 5%
Initial level:1,202.63
Pricing date:Dec. 1
Settlement date:Dec. 4
Agent:Credit Suisse Securities (USA) LLC
Fees:0.625%
Cusip:22546VQV1

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