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Published on 7/26/2022 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $535,000 of buffered accelerated return equity notes on S&P, Dow

Chicago, July 26 – Credit Suisse AG, London Branch priced $535,000 of 0% buffered accelerated return equity securities due July 3, 2024 linked to the least performing of the Dow Jones industrial average and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index closes at or above its initial level, the payout at maturity will be par plus 108.76% the return of the least performing index.

Investors will receive par if the least performing index falls by 15% or less and will lose 1% for every 1% that the worst performer declines beyond 15%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered accelerated return equity securities
Underlying indexes:Dow Jones industrial average and S&P 500 index
Amount:$535,000
Maturity:July 3, 2024
Coupon:0%
Price:Par
Payout at maturity:Par plus 108.76% of gain of the least performing index; investors will receive par if the least performing index falls by 15% or less and will lose 1% for every 1% that the worst performer declines beyond 15%
Initial levels:30775.43 for Dow, 3785.38 for S&P
Buffer levels:26159.1155 for Dow, 3217.573 for S&P, 85% of initial levels
Pricing date:June 30
Settlement date:July 6
Agent:Credit Suisse Securities (USA) LLC
Fees:0.4%
Cusip:22553QB30

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