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Published on 9/1/2022 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $782,000 buffered return equity securities linked to S&P 500

Chicago, Sept. 1 – Credit Suisse AG, London Branch priced $782,000 of 0% buffered return equity securities due Aug. 29, 2024 linked to the S&P 500 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 39%.

Investors will receive par if the index finishes at or above the 90% buffer level. Otherwise, investors will lose 1% for every 1% decline of the index beyond 10%.

Credit Suisse Securities (USA) LLC and InspereX LLC are the agents.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered return equity securities
Underlying index:S&P 500 index
Amount:$782,000
Maturity:Aug. 29, 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 39%; if the index declines but finishes at or above the 90% buffer, par; otherwise, investors will lose 1% for every 1% decline of the index beyond 10%
Initial level:4057.66
Buffer level:3651.894; 90% of initial level
Pricing date:Aug. 26
Settlement date:Aug. 31
Agents:Credit Suisse Securities (USA) LLC and InspereX LLC
Fees:2.25%
Cusip:22553QFN2

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