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Published on 1/14/2016 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $3.4 million buffered return equity notes tied to MSCI EAFE

By Tali Rackner

Norfolk, Va., Jan. 14 – Credit Suisse AG, London Branch priced $3.4 million of 0% buffered return equity securities due May 11, 2017 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the underlying return, subject to a cap of 15.6%.

If the index declines by 12% or less, the payout will be par. Otherwise, investors will lose 1% for every 1% that the index declines beyond 12%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered return equity securities
Underlying index:MSCI EAFE
Amount:$3.4 million
Maturity:May 11, 2017
Coupon:0%
Price:Par of $1,000
Payout at maturity:Par plus underlying return if final index level is greater than initial value, capped at 15.6%; par if index falls by up to 12% buffer; otherwise, final index return plus 12% buffer amount plus underlying return
Initial index level:1,622.58
Pricing date:Jan. 7
Settlement date:Jan. 12
Underwriter:Credit Suisse Securities (USA) LLC
Fees:0.25%
Cusip:22546VU61

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