New Issue: Credit Suisse sells $782,000 buffered accelerated return notes on S&P, Russell

Chicago, Oct. 16 – Credit Suisse AG, London Branch priced $782,000 of 0% buffered accelerated return equity securities due April 5, 2024 linked to the lowest performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index closes at or above its initial level, the payout at maturity will be par plus 1.5 times the return of the lesser-performing index up to par plus 35%.

Investors will receive par if either index falls by 10% or less and will lose 1% for every 1% that the lesser-performing index declines beyond 10%.

Credit Suisse Securities (USA) LLC and InspereX LLC are the agents.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered accelerated return equity securities
Underlying indexes:	S&P 500 index and Russell 2000 index
Amount:	$782,000
Maturity:	April 5, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each index closes at or above initial level, par plus 1.5 times return of lesser-performing index, capped at par plus 35%; par if each index declines by 10% or less; 1% loss for every 1% that lesser-performing index declines beyond 10%
Initial levels:	3585.62 for S&P, 1664.716 for Russell
Buffer levels:	3227.058 for S&P and 1498.2444 for Russell; 90% of initial levels
Pricing date:	Sept. 30, 2022
Settlement date:	Oct. 5, 2022
Agent:	Credit Suisse Securities (USA) LLC and InspereX LLC
Fees:	0.8%
Cusip:	22553QK63

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