Credit Suisse plans autocallables tied to iShares MSCI EAFE, Stoxx 50

By Susanna Moon

Chicago, May 24 – Credit Suisse AG, London Branch plans to price 0% autocallable securities due June 7, 2021 linked to the lowest performing of the iShares MSCI EAFE ETF and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annualized call premium of 12% if each underlying asset closes at or above its initial level on any annual observation date.

The payout at maturity will be par unless either underlying asset finishes below its 80% knock-in level, in which case investors will lose 1% for each 1% decline of the worse performing index or fund.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on May 31.

The Cusip number is 22550WUE5.

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