New Issue: Credit Suisse prices $586,000 autocallable yield notes on S&P, Russell, Nasdaq

By Kiku Steinfeld

Chicago, June 15 – Credit Suisse AG, London Branch priced $586,000 of 5.85% autocallable yield notes due June 1, 2023 linked to the Nasdaq-100 index, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The notes will be called at par if each index closes at or above its initial level on any quarterly trigger observation date starting May 26, 2022.

The payout at maturity will be par unless any index closes at or below its knock-in level, 80% of its initial level, in which case investors will be fully exposed to the decline of the lesser performing index.

Incapital LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable yield notes
Underlying indexes:	Nasdaq-100, S&P 500 and Russell 2000
Amount:	$586,000
Maturity:	June 1, 2023
Coupon:	5.85%, payable monthly
Price:	Par
Payout at maturity:	Par unless any index closes at or below knock-in level, in which case investors will be fully exposed to the decline of the lesser performing index
Call:	At par if each index closes at or above its initial level on any quarterly trigger observation date starting May 26, 2022
Initial index levels:	16025.58 for Nasdaq, 2245.935 for Russell and 4594.62 for S&P
Knock-in levels:	12820.464 for Nasdaq, 1796.748 for Russell and 3675.696 for S&P; 80% of initial levels
Pricing date:	Nov. 26, 2021
Settlement date:	Dec. 1, 2021
Agent:	Incapital LLC
Fees:	2.75%
Cusip:	22553P5R6

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