New Issue: Credit Suisse prices $1.04 million buffered PLUS on Global Clean Energy

By Kiku Steinfeld

Chicago, Aug. 18 – Credit Suisse AG, London Branch priced $1.04 million of 0% buffered Performance Leveraged Upside Securities due Aug. 5, 2024 linked to the iShares Global Clean Energy ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par of $10 plus 200% of the ETF return up to 26.35%. Investors will receive par if the ETF declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Smith Barney LLC as distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Performance Leveraged Upside Securities
Underlying ETF:	iShares Global Clean Energy
Amount:	$1,040,700
Maturity:	Aug. 5, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If ETF return is positive, par plus 200% of ETF return, up to a maximum payout of 26.35%; par if ETF declines by 10% or less; 1% loss for every 1% that ETF declines beyond 10%
Initial level:	$19.45
Buffer level:	$17.51, 90% of initial level
Pricing date:	Jan. 14
Settlement date:	Jan. 20
Agent:	Credit Suisse Securities (USA) LLC with Morgan Stanley Smith Barney LLC as distributor
Fees:	3%
Cusip:	22552J153

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