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Published on 6/12/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $1.4 million Bares linked to S&P 500, Russell 2000

By Susanna Moon

Chicago, June 12 – Credit Suisse AG, London branch priced $1.4 million of 0% Buffered Accelerated Return Equity Securities due July 3, 2019 linked to the worse performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 150% of the return of the worse performing index, up to an underlying cap of 14%.

Investors will receive par if either index falls by up to 10% and will lose 1% for each 1% decline of the worse performing index beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered Accelerated Return Equity Securities
Underlying indexes:S&P 500 index and Russell 2000 index
Amount:$1,398,000
Maturity:July 3, 2019
Coupon:0%
Price:Par
Payout at maturity:If each index gains, par plus 150% of return of worse performing index, up to an underlying cap of 14%; par if either index falls by up to 10%; 1% loss per 1% decline of worse performing index beyond 10%
Initial values:2,705.27 for S&P, 1,633.609 for Russell
Pricing date:May 31
Settlement date:June 5
Agent:Credit Suisse Securities (USA) LLC
Fees:0.68%
Cusip:22550WRP4

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