New Issue: Credit Suisse sells $675,000 buffered return notes tied to five-stock basket

Chicago, May 16 – Credit Suisse AG, London Branch priced $675,000 of 0% buffered return notes due Oct. 26, 2022 linked to an equally-weighted stock basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the common stocks of Dynatrace, Inc., CrowdStrike Holdings, Inc., Microsoft Corp., Cisco Systems, Inc. and Okta, Inc., each with a weight of 20%.

The payout at maturity will be par plus any basket gain, up to a maximum return of 19%.

Investors will receive par if the basket return declines but finishes above the 90% buffer level.

Otherwise, investors will lose 1.1111% for each 1% decline of the basket beyond the 10% buffer.

J.P. Morgan Securities LLC is the placement agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered return notes
Underlying stocks:	Dynatrace, Inc., CrowdStrike Holdings, Inc., Microsoft Corp., Cisco Systems, Inc. and Okta, Inc.; each with 20% weight
Amount:	$675,000
Maturity:	Oct. 26, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain, up to a maximum return of 19%; par if basket declines but not beyond buffer; lose 1.1111% for every 1% of basket decline beyond buffer
Initial stock levels:	$71.24 for Dynatrace, $245 for CrowdStrike, $294.85 for Microsoft, $55.08 for Cisco, $228.55 for Okta
Buffer level:	90% of initial level
Pricing date:	Oct. 8, 2021
Settlement date:	Oct. 14, 2021
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	22552XXV0

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