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Published on 4/25/2023 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $60,000 buffered return equity securities linked to Russell

Chicago, April 25 – Credit Suisse AG, London Branch priced $60,000 of 0% buffered return equity securities due May 31, 2024 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return, subject to a cap of 35%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered return equity securities
Underlying index:Russell 2000 index
Amount:$60,000
Maturity:May 31, 2024
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than initial index level, par plus index return, subject to cap of 35%; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial index level:1799.164
Buffer level:1619.2476, or 90% of initial level
Pricing date:May 25, 2022
Settlement date:May 31, 2022
Agent:Credit Suisse Securities (USA) LLC
Fees:2.25%
Cusip:22553PVM8

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