New Issue: Credit Suisse prices $1.52 million contingent coupon autocallables linked to stocks

Chicago, April 15 – Credit Suisse AG, London Branch priced $1.52 million of contingent coupon autocallable yield notes due April 10, 2024 linked to the lowest performing of the common stocks of American Airlines Group Inc., Amazon.com, Inc. and Grubhub Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Each month, the notes pay a contingent coupon at the rate of 24% per year if each stock closes at or above its coupon barrier level, 60% of its initial share price, on the observation date for that month.

Beginning July 5, the notes will be automatically called at par if each stock closes at or above its trigger level, 90% of its initial share price, on any trigger observation date.

The payout at maturity will be par unless any stock closes finishes below its 50% knock-in level, in which case investors will be exposed to the losses of the lowest performing underlying.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Contingent coupon autocallable yield notes
Underlying stocks:	American Airlines Group Inc. (Symbol: AAL), Amazon.com, Inc. (Symbol: AMZN) and Grubhub Inc. (Symbol: GRUB)
Amount:	$1,519,000
Maturity:	April 10, 2024
Coupon:	Each month, notes pay contingent coupon at rate of 24% per year unless any stock closes below coupon barrier level on observation date for that month
Price:	Par
Payout at maturity:	Par unless any stock finishes below its 50% knock-in level, in which full exposure to losses of least performing stock
Call:	Beginning July 5, automatically at par if each stock closes at or above trigger level on any trigger observation date
Initial share prices:	$34.06 for American Airlines, $1,837.28 for Amazon and $71.18 for Grubhub
Coupon barrier levels:	$20.436 for American Airlines, $1,102.368 for Amazon and $42.708 for Grubhub, 60% of initial levels
Knock-in levels:	$17.03 for American Airlines, $918.64 for Amazon and $35.59 for Grubhub, 50% of initial share prices
Pricing date:	April 5
Settlement date:	April 10
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1%
Cusip:	22552F4T6

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