New Issue: Credit Suisse prices $50,000 CS notes linked to S&P 500 index

By Kiku Steinfeld

Chicago, Sept. 7 – Credit Suisse AG, London Branch priced $50,000 of 0% CS notes due June 3, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 150% of the return, capped at 10%. If the final index level is less than the initial index level, the payout will be par.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	CS notes
Underlying index:	S&P 500 index
Amount:	$50,000
Maturity:	June 3, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus 150% of the return, capped at 10%; if final index level is less than initial index level, par
Initial level:	3970.15
Pricing date:	Feb. 28, 2023
Settlement date:	March 3, 2023
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1%
Cusip:	22553QR58

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