New Issue: Credit Suisse prices $16.49 million trigger callable yield notes linked to Russell, S&P

Chicago, July 28 – Credit Suisse AG, London branch priced $16.49 million of 5.8% trigger callable yield notes due July 26, 2023 linked to the least performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The notes are callable at par of $10 on any monthly coupon payment date after three months.

The payout at maturity will be par unless the lowest performing index finishes below its 60% downside threshold level, in which case investors will be fully exposed to the index’s decline.

Credit Suisse Securities (USA) LLC and UBS Financial Services Inc. are the agents.

Issuer:	Credit Suisse AG, London branch
Issue:	Trigger callable yield notes
Underlying indexes:	Russell 2000 index and S&P 500 index
Amount:	$16,485,100
Maturity:	July 26, 2023
Coupon:	5.8%, payable monthly
Price:	Par of $10
Call option:	At par on any monthly call date after three months
Payout at maturity:	If the lowest performing index finishes at or above downside threshold level, par; otherwise, full exposure to losses of index
Initial levels:	4358.69 for S&P, 2234.042 for Russell
Downside threshold levels:	2615.21 for S&P, 1340.425 for Russell; 60% of initial levels
Pricing date:	July 21
Settlement date:	July 26
Agent:	Credit Suisse Securities (USA) LLC and UBS Financial Services Inc.
Fees:	None
Cusip:	22552Y531

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