New Issue: Credit Suisse prices $2.5 million buffered notes tied to S&P 500

Chicago, Feb. 27 – Credit Suisse AG, London Branch priced $2.5 million of 0% buffered notes due May 19, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If index’s final level is greater than or equal to the 87.9% buffer level, the payout will be par plus the fixed return of 10%.

If the index declines by more than 12.1%, investors will lose 1.13766% for every 1% that the index declines beyond 12.1%.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the placement agents.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered notes
Underlying index:	S&P 500 index
Amount:	$2,500,000
Maturity:	May 19, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If index’s final level is greater than or equal to the 87.9% buffer level, par plus 10%; otherwise, 1.13766% loss per 1% drop beyond 12.1%
Initial index level:	4175.48
Buffer level:	3670.25; 87.9% of initial level
Strike date:	May 3, 2022
Pricing date:	May 4, 2022
Settlement date:	May 9, 2022
Placement agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	1%
Cusip:	22553PW88

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