New Issue: Credit Suisse prices $2.65 million accelerated barrier notes on two SPDR ETFs

Chicago, Aug. 29 – Credit Suisse AG, London Branch priced $2.65 million of 0% accelerated barrier notes due Jan. 26, 2027 linked to the SPDR S&P Regional Banking ETF and Financial Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing ETF gains, the payout will be par plus 140% of that ETF’s return.

Investors will receive par if the worst performing ETF declines but ends at or above its 70% barrier and will lose 1% for every 1% that the worst performing ETF declines if it finishes below the barrier level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying ETFs:	SPDR S&P Regional Banking ETF and Financial Select Sector SPDR Fund
Amount:	$2,650,000
Maturity:	Jan. 26, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing ETF finishes at or above its initial value, par plus 140% of that ETF’s return; if worst performing ETF declines but finishes at or above its downside threshold level, par; otherwise, 1% loss for every 1% that worst performing ETF declines from its initial value
Initial values:	$71.61 for Banking, $38.20 for Financial
Upside leverage:	140%
Barrier levels:	$50.127 for Banking, $26.74 for Financial, 70% of initial levels
Pricing date:	Jan. 21
Settlement date:	Jan. 26
Agent:	Credit Suisse Securities (USA) LLC
Fees:	3%
Cusip:	22553PFS3

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