New Issue: Credit Suisse sells $575,000 accelerated barrier notes on index, ETF basket

By Kiku Steinfeld

Chicago, March 17 – Credit Suisse AG, London Branch priced $575,000 of 0% accelerated barrier notes due March 5, 2026 linked to a basket containing the S&P 500 index with 70% weight and the iShares MSCI EAFE ETF with a 30% weight, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket finishes at or above its initial level, the payout at maturity will be par plus 107% of the basket return.

If the basket falls by up to 30%, the payout will be par.

Otherwise, investors will be fully exposed to the basket decline.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying basket:	S&P 500 index (70%) and iShares MSCI EAFE ETF (30%)
Amount:	$575,000
Maturity:	March 5, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket finishes at or above its initial level, par plus 107% of the basket return; if the basket falls by up to 30%, par; otherwise, investors will be fully exposed to the basket decline
Initial levels:	3870.29 for S&P, $75.32 for EAFE ETF
Knock-in level:	70% of initial level
Pricing date:	March 2
Settlement date:	March 5
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.125%
Cusip:	22552XF32

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