New Issue: Credit Suisse sells $5.22 million leveraged notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, April 26 – Credit Suisse AG, London Branch priced $5.22 million of 0% leveraged notes due Dec. 22, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of any index gain, up to a maximum settlement amount of par plus 26.1%.

Investors will have full exposure to any index decline.

Credit Suisse Securities (USA) LLC is the agent. Goldman Sachs & Co. LLC is acting as dealer.

Issuer:	Credit Suisse AG, London Branch
Issue:	Leveraged notes
Underlying index:	S&P 500 index
Amount:	$5,216,000
Maturity:	Dec. 22, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at par plus 26.1%; full exposure to loss
Initial level:	4,393.66
Pricing date:	April 21
Settlement date:	April 28
Agent:	Credit Suisse Securities (USA) LLC
Dealer:	Goldman Sachs & Co. LLC
Fees:	None
Cusip:	22553PSH3

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