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Published on 4/20/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $6.61 million 15-month PLUS on Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., April 20 – Credit Suisse AG, London Branch priced $6.61 million of 0% Performance Leveraged Upside Securities due July 3, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum payment of $14.75 per PLUS.

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:Euro Stoxx 50
Amount:$6,610,430
Maturity:July 3, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus triple any index gain, up to a maximum payment of $14.75 per PLUS; full exposure to losses
Initial level:3,361.50
Pricing date:March 29
Settlement date:April 5
Agent:Credit Suisse Securities (USA) LLC with Morgan Stanley Wealth Management handling distribution
Fees:2.25%
Cusip:22549E812

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