New Issue: Credit Suisse sells $2.98 million barrier notes on S&P, Nasdaq, Dow

By Wendy Van Sickle

Columbus, Ohio, Nov. 17 – Credit Suisse AG, London Branch priced $2.98 million of 0% barrier notes due Oct. 30, 2025 linked to the lesser performing of the Dow Jones industrial average, the S&P 500 index and the Nasdaq 100 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 the plus return of the least performing index.

If the lower performing index falls by no more than 48.35%, the payout will be par. Otherwise, investors will lose 1% for every decline of the lesser performing index below its initial level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Barrier notes
Underlying indexes:	Dow Jones industrial average, S&P 500 and Nasdaq-100
Amount:	$2,975,000
Maturity:	Oct. 30, 2025
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If each index finishes at or above its initial level, par plus return of least performing index; if any index falls but none falls by more than 48.35%, par; otherwise, full exposure to decline of least performing index
Initial levels:	27,463.19 for Dow, 3,390.68 for S&P and 11,598.95 for Nasdaq
Knock-in levels:	14,184.737635 for Dow, 1,751.28622 for S&P and 5,990.857675 for Nasdaq; 51.65% of initial levels
Pricing date:	Oct. 27
Settlement date:	Oct. 30
Agent:	Credit Suisse Securities (USA) LLC
Fees:	3.5%
Cusip:	22552WQL2

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