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Published on 6/20/2021 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $2.22 million digital buffered notes on MSCI EAFE

By Marisa Wong

Los Angeles, June 21 – Credit Suisse AG, London Branch priced $2.22 million of 0% digital buffered notes due May 31, 2023 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above 87.5% of the initial level, the payout at maturity will be $1,132.90 per $1,000 principal amount.

Otherwise, investors will lose 1.1429% for each 1% decline beyond the 12.5% buffer.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Digital buffered notes
Underlying index:MSCI EAFE
Amount:$2,221,000
Maturity:May 31, 2023
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above 87.5% of initial level, par plus 13.29%; otherwise, 1.1429% loss for each 1% decline beyond 12.5%
Initial level:2,217.82
Pricing date:March 26
Settlement date:April 5
Agent:Credit Suisse Securities (USA) LLC
Fees:None
Cusip:22552XGS6

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