New Issue: Credit Suisse sells $1.8 million upside participation market-linked notes on S&P

By William Gullotti

Buffalo, N.Y., Jan. 6 – Credit Suisse AG priced $1.8 million of 0% market-linked securities – upside participation to a cap and fixed percentage buffered downside due Jan. 4, 2028 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 plus any index gain, capped at a maximum return of par plus 70%.

If the index falls by up to 15%, the payout will be par.

Investors will lose 1% for every 1% decline of the index beyond the 15% buffer.

Wells Fargo Securities LLC is the agent.

Issuer:	Credit Suisse AG
Issue:	Market-linked securities – upside participation to a cap and fixed percentage buffered downside
Underlying index:	S&P 500 index
Amount:	$1,802,000
Maturity:	Jan. 4, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 70%; if index falls by up to 15%, par; otherwise, 1% loss for every 1% decline of index beyond 15% buffer
Initial level:	4,778.73
Buffer level:	4,061.9205; 85% of initial level
Pricing date:	Dec. 30
Settlement date:	Jan. 4
Agent:	Wells Fargo Securities LLC
Fees:	4.52%
Cusip:	22553P6U8

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