New Issue: Credit Suisse prices $9.55 million trigger jump notes tied to Stoxx 50

By Susanna Moon

Chicago, Feb. 15 – Credit Suisse AG, London Branch priced $9.55 million of 0% trigger jump securities due Feb. 5, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus the greater of the gain and the upside return of 84%.

Investors will receive par if the index falls by up to 35% and will be exposed to any losses if the index finishes below its 65% trigger level.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:	Credit Suisse AG, London Branch
Issue:	Trigger jump securities
Underlying index:	Euro Stoxx 50
Amount:	$9,548,780
Maturity:	Feb. 5, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index gains, par plus greater of 84% and index return; par if index falls by up to 35%; otherwise, 1% loss for each 1% decline
Initial level:	3,609.29
Trigger level:	2,346.04, 65% of initial level
Pricing date:	Jan. 31
Settlement date:	Feb. 5
Underwriter:	Credit Suisse Securities (USA) LLC with Morgan Stanley Wealth Management handling distribution
Fees:	3%
Cusip:	22549E184

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