New Issue: Credit Suisse prices $9.93 million trigger PLUS linked to Euro Stoxx

By Tali Rackner

Minneapolis, March 8 – Credit Suisse AG, London Branch priced $9.93 million of 0% trigger Performance Leveraged Upside Securities due March 5, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 2.85 times the return.

If the index falls by up to 35%, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline from the initial level.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Smith Barney LLC handling distribution.

Issuer:	Credit Suisse AG, London Branch
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$9,930,060
Maturity:	March 5, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If the index return is positive, par plus 2.85 times the return; if the index falls by up to 35%, par; otherwise, 1% loss for each 1% decline from the initial level
Initial level:	3,438.96
Trigger level:	2,235.32, 65% of initial level
Pricing date:	Feb. 28
Settlement date:	March 5
Agent:	Credit Suisse Securities (USA) LLC with Morgan Stanley Smith Barney LLC handling distribution
Fees:	3.5%
Cusip:	22549E317

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