New Issue: Credit Suisse prices $554,000 accelerated barrier notes linked to S&P, Russell, Nasdaq

By Angela McDaniels

Tacoma, Wash., Nov. 8 – Credit Suisse AG, London Branch priced $554,000 of 0% accelerated barrier notes due Nov. 3, 2027 linked to the S&P 500 index, the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the least performing index’s final level is greater than its initial level, the payout at maturity will be par plus 161.5% of the index return. If the least performing index declines but finishes at or above its knock-in level, 50% of its initial level, the payout will be par. Otherwise, investors will be exposed to the least performing index’s decline from its initial level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying indexes:	S&P 500 index, Russell 2000 index and Nasdaq-100 Index
Amount:	$554,000
Maturity:	Nov. 3, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If least performing index’s final level is greater than initial level, par plus 161.5% of index return; if least performing index declines but finishes at or above knock-in level, par; otherwise, exposure to least performing index’s declines from initial level
Initial levels:	3,871.98 for S&P, 1,846.863 for Russell and 11,405.57 for Nasdaq
Knock-in levels:	1,935.99 for S&P, 923.4315 for Russell and 5,702.785 for Nasdaq, or 50% of initial level
Pricing date:	Oct. 31, 2022
Settlement date:	Nov. 3, 2022
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.8%
Cusip:	22553QM95

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