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Published on 8/24/2017 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $663,920 15-month PLUS tied to S&P 500

By Marisa Wong

Morgantown, W.Va., Aug. 24 – Credit Suisse AG, London Branch priced $663,920 of 0% Performance Leveraged Upside Securities due Dec. 5, 2018 linked to the S&P 500 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 par plus 17%.

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:S&P 500
Amount:$663,920
Maturity:Dec. 5, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, up to a maximum return of par plus 17%; investors will be exposed to any losses
Initial level:2,464.61
Pricing date:Aug. 15
Settlement date:Aug. 18
Agent:Credit Suisse Securities (USA) LLC with Morgan Stanley Wealth Management handling distribution
Fees:2.25%
Cusip:22549C618

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