New Issue: Credit Suisse sells $1.65 million accelerated barrier notes on S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, March 19 – Credit Suisse AG, London Branch priced $1.65 million of 0% accelerated barrier notes due March 14, 2025 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 175% of the return of the worse performing index.

If either index falls but both indexes finish at or above the 50% knock-in level, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the worse performing index.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier securities
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$1.654,000
Maturity:	March 14, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 175% of the return of the worse performing index; if either index falls but both indexes finish at or above the knock-in level, par; otherwise, investors will be fully exposed to the decline of the worse performing index
Initial levels:	1,264.296 for Russell, 2,741.38 for S&P
Knock-in levels:	632.148 for Russell, 1,370.69 for S&P; 50% of initial levels
Pricing date:	March 11
Settlement date:	March 16
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.5%
Cusip:	22551NTK2

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