New Issue: Credit Suisse sells $482,000 accelerated barrier notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, Aug. 27 – Credit Suisse AG, London Branch priced $482,000 of 0% accelerated barrier notes due Aug. 26, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus 125% of the index return up to a 100% maximum return.

If the index falls by up to 25%, the payout will be par. Otherwise, investors will be fully exposed to the index decline.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying index:	S&P 500
Amount:	$482,000
Maturity:	Aug. 26, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of any index gain up to a 100% maximum gain; if the index falls by up to 25%, par; otherwise, full exposure to the index decline
Initial level:	3,397.16
Knock-in level:	2,547.87, 75% of initial level
Pricing date:	Aug. 21
Settlement date:	Aug. 26
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0%
Cusip:	22552WEK7

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