New Issue: Credit Suisse sells $429,000 contingent coupon autocallable yield notes on four stocks

Chicago, June 23 – Credit Suisse AG, London Branch priced $429,000 of contingent coupon autocallable yield notes due March 31, 2025 linked to the least performing of the stocks of Amazon.com, Inc., Costco Wholesale Corp., Target Corp. and Walmart Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a monthly contingent coupon at an annual rate of 18.65% if each stock closes at or above its coupon barrier, 70% of its initial level, on the observation date for that period.

The notes will be called at par plus coupon if each stock closes at or above its initial level on any monthly autocall observation date after three months.

The payout at maturity will be par plus the final coupon if each stock finishes at or above its coupon barrier.

If the worst performer finishes below its coupon barrier but not below its 70% knock-in level, the payout will be par. Otherwise, investors will be fully exposed to the losses of the least-performing stock.

The agent is Credit Suisse Securities (USA) LLC.

Issuer:	Credit Suisse AG, London Branch
Issue:	Contingent coupon autocallable yield notes
Underlying stocks:	Amazon.com, Inc., Costco Wholesale Corp., Target Corp. and Walmart Inc.
Amount:	$429,000
Maturity:	March 31, 2025
Coupon:	18.65% per year, payable monthly if each stock closes at or above its coupon barrier level on observation date
Price:	Par
Payout at maturity:	Par if each stock closes at or above its knock-in level, par; otherwise, full exposure to decline of the least-performing stock from its initial level
Call:	Automatically at par plus coupon if each stock closes at or above initial level on any monthly autocall observation date after three months
Initial levels:	$3295.47 for Amazon, $555.71 for Costco, $218.61 for Target, $143.45 for Walmart
Coupon barriers:	$2306.829 for Amazon, $388.997 for Costco, $153.027 for Target, $100.415 for Walmart, 70% of initial levels
Knock-in levels:	$2306.829 for Amazon, $388.997 for Costco, $153.027 for Target, $100.415 for Walmart, 70% of initial levels
Pricing date:	March 25
Settlement date:	March 30
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.75%
Cusip:	22553PPN3

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