New Issue: Credit Suisse sells $442,000 digital barrier notes on S&P 500, EAFE ETF

Chicago, Feb. 27 – Credit Suisse AG, London Branch priced $442,000 of 0% digital barrier notes due Jan. 9, 2025 linked to the lowest performing of the S&P 500 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the lower performing underlier finishes above 70% of its initial level, the payout will be par plus 25.5%. Otherwise, investors will lose 1% for every 1% decline of the lesser performing underlier below its initial level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying assets:	S&P 500 index, iShares MSCI EAFE ETF
Amount:	$442,000
Maturity:	Jan. 9, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlier finishes at or above its barrier level, par plus 25.5%; otherwise, full exposure to decline of worst performer from its initial level
Initial levels:	$67.27 for ETF, 4123.34 for S&P
Threshold levels:	$47.089 for ETF, 2886.338 for S&P; 70% of initial levels
Pricing date:	May 6, 2022
Settlement date:	May 11, 2022
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.1%
Cusip:	22553PUW7

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