New Issue: Credit Suisse prices $210,000 buffered return equity securities linked to Stoxx 50

By William Gullotti

Buffalo, N.Y., Aug. 4 – Credit Suisse AG, London Branch priced $210,000 of 0% buffered return equity securities due July 3, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus the return capped at 90%.

Investors will receive par if the index finishes at or above the 75% buffer level. Otherwise, investors will lose 1% for every 1% decline of the index beyond 25%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered return equity securities
Underlying index:	Euro Stoxx 50 index
Amount:	$210,000
Maturity:	July 3, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above initial level, par plus the gain of the index with a maximum gain of 90%; if the index declines but finishes at or above the 75% buffer, par; otherwise, investors will lose 1% for every 1% decline of the index beyond 25%
Initial level:	3,454.86
Buffer level:	2,591.145; 75% of initial level
Pricing date:	June 30
Settlement date:	July 6
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	0.75%
Cusip:	22553Q3U9

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