New Issue: Credit Suisse prices $1.09 million ARES linked to EAFE ETF, Stoxx index

By William Gullotti

Buffalo, N.Y., July 27 – Credit Suisse AG, London Branch priced $1.09 million of Accelerated Return Equity Securities due July 28, 2026 linked to the performance of the iShares MSCI EAFE ETF and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlier finishes at or above its initial level, the payout at maturity will be par plus 291% of the gain of the worst performer.

Otherwise, investors will be fully exposed to the decline of the worst performer from its initial level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated Return Equity Securities
Underlying assets:	iShares MSCI EAFE ETF, Euro Stoxx 50 index
Amount:	$1.09 million
Maturity:	July 28, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 291% of the gain of the worst performer; otherwise, full exposure to decline of worst performer from its initial level
Initial levels:	$63.40 for ETF, 3,596.49 for index
Pricing date:	July 22
Settlement date:	July 28
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.6%
Cusip:	22553QE60

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