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Published on 7/26/2021 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $13.06 million trigger jump securities on FTSE 100

Chicago, July 26 – Credit Suisse AG, London Branch priced $13.06 million of 0% trigger jump securities due July 23, 2026 linked to the FTSE 100 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 the greater of par plus the index return and par plus 49%.

The payout will be par if the index declines by 20% or less. If the index declines by more than 20%, investors will lose 1% for each 1% decline from the initial level.

Credit Suisse Securities (USA) LLC is the agent, with Morgan Stanley Smith Barney LLC handling distribution.

Issuer:Credit Suisse AG, London Branch
Issue:Trigger jump securities
Underlying index:FTSE 100 index
Amount:$13,061,820
Maturity:July 23, 2026
Coupon:0%
Price:Par of $10
Payout at maturity:If the index return is zero or positive, the greater of par plus the index return and par plus 49%; if the index declines by 20% or less, par; otherwise, 1% loss for each 1% decline from the initial level
Initial level:6,881.13
Trigger level:5,504.90; 80% of initial level
Pricing date:July 20
Settlement date:July 23
Underwriter:Credit Suisse Securities (USA) LLC
Distribution:Morgan Stanley Smith Barney LLC
Fees:3.5%
Cusip:22552Y499

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