New Issue: Credit Suisse sells $2.26 million upside participation market-linked notes on S&P 500

By William Gullotti

Buffalo, N.Y., March 7 – Credit Suisse AG priced $2.26 million of 0% market-linked securities – leveraged upside participation and contingent downside due March 3, 2028 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 122.5% of any index gain.

If the index falls by up to 25%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline of the index from initial level.

Wells Fargo Securities LLC is the agent.

Issuer:	Credit Suisse AG
Issue:	Market-linked securities – leveraged upside participation and contingent downside
Underlying index:	S&P 500 index
Amount:	$2,263,000
Maturity:	March 3, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 122.5% of any index gain; if index falls by up to 25%, par; otherwise, 1% loss for every 1% decline of index from initial level
Initial level:	4,373.94
Threshold level:	3,280.455; 75% of initial level
Pricing date:	Feb. 28
Settlement date:	March 3
Agent:	Wells Fargo Securities LLC
Fees:	3.82%
Cusip:	22553PH44

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