New Issue: Credit Suisse sells $10 million enhanced trigger jump notes on four stocks

By William Gullotti

Buffalo, N.Y., June 17 – Credit Suisse AG, London Branch priced $10 million of 0% enhanced trigger jump securities due June 30, 2022 linked to the performance of Expedia Group, Inc., Facebook, Inc., Carnival Corp. and Airbnb, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If each stock finishes at or above its 60% trigger level, the payout at maturity will equal par of $10 plus 19.3%.

Otherwise, investors will lose 1% for each 1% decline of the worst performing stock.

Credit Suisse Securities (USA) LLC is the agent, with Morgan Stanley Wealth Management as dealer.

Issuer:	Credit Suisse AG, London Branch
Issue:	Enhanced trigger jump securities
Underlying stocks:	Expedia Group, Inc., Facebook, Inc., Carnival Corp., Airbnb, Inc.
Amount:	$10,000,000
Maturity:	June 30, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If each stock finishes at or above its 60% trigger level, par plus 19.3%; otherwise, 1% loss per 1% decline of worst performing stock
Initial levels:	$171.58 for Expedia, $332.46 for Facebook, $29.83 for Carnival, $146.12 for Airbnb
Trigger levels:	$102.95 for Expedia, $199.48 for Facebook, $17.90 for Carnival, $87.67 for Airbnb; 60% of initial levels
Pricing date:	June 11
Settlement date:	June 16
Agent:	Credit Suisse Securities (USA) LLC
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	0.65%
Cusip:	22552Y309

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