By Kiku Steinfeld
Chicago, March 18 – Credit Suisse AG, London Branch priced $124,000 of 0% digital plus barrier notes due Sept. 22, 2026 linked to the least performing of the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.
If each asset finishes at or above its initial level, the payout at maturity will be par plus the greater of the fixed return of 35% and the return of the worse performing asset.
If either asset falls but neither finishes below the 75% knock-in level, the payout will be par.
Otherwise, investors will lose 1% for each 1% decline of the worse performing asset.
Credit Suisse Securities (USA) LLC is the agent.
| Issuer: | Credit Suisse AG, London Branch
|
| Issue: | Digital plus barrier notes
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| Underlying assets: | Euro Stoxx 50 index and iShares MSCI EAFE ETF
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| Amount: | $124,000
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| Maturity: | Sept. 22, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If each asset gains, par plus greater of 35% and return of worse performing asset; if either asset falls but neither falls by more than 25%, par; otherwise, 1% loss for each 1% decline of worse performing asset
|
| Initial levels: | 4130.84 for index and $80.50 for ETF
|
| Knock-in levels: | 3098.13 for index and $60.375 for ETF; 75% of initial levels
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| Pricing date: | Sept. 17
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| Settlement date: | Sept. 22
|
| Agent: | Credit Suisse Securities (USA) LLC
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| Fees: | 0%
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| Cusip: | 22552XV67
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