New Issue: Credit Suisse prices $379,000 absolute return buffered securities on Russell

Chicago, Sept. 22 – Credit Suisse AG, London Branch priced $379,000 of 0% absolute return buffered securities due Oct. 19, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the initial level, the payout at maturity will be par plus the return of the index, capped at par plus 23.75%.

If the index finishes at or above the 90% buffer level, the payout will be par plus the absolute value of the return of the index.

Otherwise, investors will lose 1% for each 1% decline of the index beyond the 10% buffer.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Absolute return buffered securities
Underlying index:	Russell 2000 index
Amount:	$379,000
Maturity:	Oct. 19, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If the index gains, par plus return of index, capped at par plus 23.75%; if the index finishes at or above buffer level, par plus the absolute value of return of index; otherwise, exposure to any losses of index beyond 10%
Initial index level:	1798.189
Buffer level:	1618.3701, 90% of initial level
Pricing date:	Sept. 16, 2022
Settlement date:	Sept. 21, 2022
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.43%
Cusip:	22553QKV8

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