New Issue: Credit Suisse sells $5 million yield notes on Las Vegas Sands

By Wendy Van Sickle

Columbus, Ohio, Oct. 21 – Credit Suisse AG, London Branch, priced $5 million of 10% yield notes due Aug. 4, 2022 linked to the common stock of Las Vegas Sands Corp., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout will be par plus any gain of the shares up to 10%. Investors will be exposed to any decline of the shares.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Yield notes
Underlying stocks:	Las Vegas Sands Corp.
Amount:	$5 million
Maturity:	Aug. 4, 2022
Coupon:	10%, payable monthly
Price:	Par
Payout at maturity:	Par plus any gain of stock, up to 10%; exposure to any decline
Initial levels:	$47.22
Pricing date:	July 27
Settlement date:	July 30
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.3%
Cusip:	22552XRX3

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