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Published on 9/16/2021 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $2.26 million buffered accelerated return equity securities on MSCI EM

By Wendy Van Sickle

Columbus, Ohio, Sept. 16 – Credit Suisse AG, London Branch priced $2.26 million of 0% buffered accelerated return equity securities due Sept. 13, 2024 linked to the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above its initial level, the payout at maturity will be par plus 188.5% of the return of the index, capped at 40%.

Investors will receive par if the index falls by 15% or less and will lose 1.1765% for every 1% that the index declines beyond 15%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered accelerated return equity securities
Underlying index:MSCI Emerging Markets
Amount:$2,256,000
Maturity:Sept. 13, 2024
Coupon:0%
Price:Par
Payout at maturity:If index closes at or above its initial level, the payout at maturity will be par plus 188.5% of the return of the index, capped at 40%; investors will receive par if index falls by 15% or less and will lose 1.1765% for every 1% that the index declines beyond 15%
Initial level:1,308.94
Buffer level:1,112.599; 85% of initial level
Pricing date:Sept. 10
Settlement date:Sept. 15
Agent:Credit Suisse Securities (USA) LLC
Fees:None
Cusip:22552XV83

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