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Published on 8/22/2023 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $560,000 CS notes on S&P, Nasdaq

Chicago, Aug. 22 – Credit Suisse AG, London Branch priced $560,000 of 0% CS notes due Aug. 14, 2024 linked to the lowest performing of the S&P 500 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 13.95%.

Otherwise, investors will receive par.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:CS notes
Underlying indexes:S&P 500 index, Nasdaq-100 index
Amount:$560,000
Maturity:Aug. 14, 2024
Coupon:0%
Price:Par
Payout at maturity:If each index finishes at or above its initial level, par plus 13.95%; otherwise, par
Initial index levels:4122.47 for S&P, 13008.17 for Nasdaq
Pricing date:Aug. 9, 2022
Settlement date:Aug. 12, 2022
Agent:Credit Suisse Securities (USA) LLC
Fees:0.7%
Cusip:22553QGC5

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