New Issue: Credit Suisse sells $4.09 million trigger jump securities on Stoxx

By Wendy Van Sickle

Columbus, Ohio, Oct. 4 – Credit Suisse AG, London Branch priced $4.09 million of 0% trigger jump securities due Oct. 3, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be par plus 62.5%.

The payout will be par if the index declines by 35% or less. If the index declines by more than 35%, investors will lose 1% for each 1% decline from the initial 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 index
Amount:	$4,086,130
Maturity:	Oct. 3, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is zero or positive, par plus 62.5%; par if the index declines by 35% or less; otherwise, 1% loss for each 1% decline from the initial level
Initial level:	3,569.45
Downside threshold:	2,320.14, 65% of initial level
Pricing date:	Sept. 30
Settlement date:	Oct. 3
Underwriter:	Credit Suisse Securities (USA) LLC
Distribution:	Morgan Stanley Wealth Management
Fees:	3.5%
Cusip:	22550K236

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