Credit Suisse to price PLUS linked to iShares China Large-Cap ETF

By Sarah Lizee

Olympia, Wash., Dec. 17 – Credit Suisse AG, London Branch plans to price 0% Performance Leveraged Upside Securities due Jan. 31, 2020 linked to the iShares China Large-Cap exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any fund gain, up to a maximum payment of $12.45 per $10 PLUS.

Investors will be exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent. Morgan Stanley Smith Barney LLC is distributor.

The notes will price Dec. 28 and settle Jan. 4.

The Cusip number is 22549Y255.

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