New Issue: Credit Suisse sells $1.11 million digital barrier notes on Nasdaq, S&P

By Kiku Steinfeld

Chicago, Nov. 21 – Credit Suisse AG, London Branch priced $1.11 million of 0% digital barrier notes due April 21, 2023 linked to the lowest performing of the Nasdaq-100 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the lesser performing index gains or falls by no more than 30%, the payout will be par plus 10%.

Otherwise, investors will lose 1% for every 1% 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:	Digital barrier notes
Underlying indexes:	Nasdaq-100 index, S&P 500 index
Amount:	$1,114,000
Maturity:	April 21, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If lesser performing index gains or falls by no more than 30%, par plus 10%; otherwise, full exposure to decline of lesser performing index
Initial levels:	14420.08 for Nasdaq, 4348.87 for S&P
Threshold levels:	10094.056 for Nasdaq, 3124.184 for S&P; 70% of initial levels
Pricing date:	March 18, 2022
Settlement date:	March 23, 2022
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.43%
Cusip:	22553PND7

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