Credit Suisse eyes CS autocalls on Credit Suisse US Balanced 5% ER

By Sarah Lizee

Olympia, Wash., Feb. 6 – Credit Suisse AG, London Branch plans to price 0% CS autocallable notes due Feb. 20, 2026 linked to the Credit Suisse US Balanced 5% ER index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically redeemed at par plus an expected 6.25% annual premium if the value of the index closes at or above the applicable trigger level on the relevant annual observation date. The trigger level is expected to be 103% of the initial level.

If the index finishes above its initial level and the notes have not been automatically redeemed, the payout at maturity will be par plus the return of the index, otherwise investors will receive par.

Credit Suisse Securities (USA) LLC is the agent.

The notes are expected to price Feb. 15.

The Cusip is 22551LX96.

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