New Issue: Credit Suisse sells $6.47 million leveraged index-linked notes on S&P 500

By William Gullotti

Buffalo, N.Y., June 17 – Credit Suisse AG, London Branch priced $6.47 million of 0% leveraged index-linked notes due June 16, 2027 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum payout of par plus 78%.

Investors will be fully exposed to any index decline.

BofA Securities is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged index-linked notes
Underlying index:	S&P 500 index
Amount:	$6,473,000
Maturity:	June 16, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus two times any index gain, up to a maximum payout of par plus 78%; otherwise, full exposure to index decline
Initial level:	3,735.48
Pricing date:	June 14
Settlement date:	June 22
Agent:	BofA Securities
Fees:	5%
Cusip:	22553Q4X2

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