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Published on 9/8/2023 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $362,000 CS notes linked to S&P, Euro Stoxx, Russell

By Angela McDaniels

Tacoma, Wash., Sept. 8 – Credit Suisse AG, London Branch priced $362,000 of 0% CS notes due Oct. 6, 2027 linked to a basket of the S&P 500 index with a 50% weight, the Euro Stoxx 50 index with a 30% weight and the Russell 2000 index with a 20% weight, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par plus the basket return. If the basket return is zero or negative, the payout will be par.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:CS notes
Underlying indexes:S&P 500 (50% weight), Euro Stoxx 50 (30% weight) and Russell 2000 index (20% weight)
Amount:$362,000
Maturity:Oct. 6, 2027
Coupon:0%
Price:Par
Payout at maturity:If basket return is positive, par plus basket return; otherwise, par
Initial levels:3,966.85 for S&P, 3,456.70 for Euro Stoxx and 1,822.818 for Russell
Pricing date:Sept. 1, 2022
Settlement date:Sept. 7, 2022
Agent:Credit Suisse Securities (USA) LLC
Fees:0.25%
Cusip:22553QG84

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