New Issue: Credit Suisse prices $4.59 million capped notes tied to Dow

By Kiku Steinfeld

Chicago, Oct. 2 – Credit Suisse AG, London Branch priced $4.59 million of 0% capped notes due Sept. 26, 2025 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index return, capped at par plus 38%.

If the index falls by up to 20%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline beyond 20%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Capped notes
Underlying index:	Dow Jones industrial average
Amount:	$4,590,150
Maturity:	Sept. 26, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is positive, par plus the index return, capped at par plus 38%; if index falls by up to 20%, par; 1% loss for every 1% decline beyond 20%
Initial index level:	26,815.44
Buffer level:	21,452.35; 80% of initial level
Pricing date:	Sept. 24
Settlement date:	Oct. 1
Agent:	Credit Suisse Securities (USA) LLC
Fees:	2.5%
Cusip:	22550M109

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