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Published on 9/16/2022 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $1.94 million digital plus notes on Euro Stoxx 50

By Kiku Steinfeld

Chicago, Sept. 16 – Credit Suisse AG, London Branch priced $1.94 million of 0% digital plus notes due Jan. 31, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial level, the payout at maturity will be par plus the greater of the index return and the digital return amount of 26%.

Investors will be exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Digital plus notes
Underlying index:Euro Stoxx 50 index
Amount:$9,296,000
Maturity:Jan. 31, 2024
Coupon:0%
Price:Par
Payout at maturity:If the final index level is greater than or equal to initial level, par plus the greater of index return and 26%; otherwise, loss of 1% for every 1% decline
Initial level:4136.91
Pricing date:Jan. 28, 2022
Settlement date:Feb. 4, 2022
Agent:Credit Suisse Securities (USA) LLC
Fees:2%
Cusip:22553PGH6

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