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Published on 3/3/2023 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $250,000 buffered accelerated return notes on S&P

Chicago, March 3 – Credit Suisse AG, London Branch priced $250,000 of 0% buffered accelerated return equity securities due May 17, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 114.3% of the index return.

Investors will receive par if the index falls by 20% or less and will lose 1% for every 1% decline beyond 20%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered accelerated return equity securities
Underlying index:S&P 500 index
Amount:$250,000
Maturity:May 17, 2027
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 114.3% of index return; par if index declines by 20% or less; 1% loss for every 1% index declines beyond 20%
Initial index level:3930.08
Buffer level:3144.064; 80% of initial level
Pricing date:May 12, 2022
Settlement date:May 17, 2022
Agent:Credit Suisse Securities (USA) LLC
Fees:1%
Cusip:22553PW96

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