Credit Suisse plans CS autocallable notes tied to US Balanced 5% ER

By Susanna Moon

Chicago, March 5 – Credit Suisse AG, London Branch plans to price 0% CS autocallable notes due March 31, 2026 linked to the Credit Suisse US Balanced 5% ER index, according to a 424B2 filing with the Securities and Exchange.

The notes will be called at par plus an annual call premium of 5% if the asset closes at or above its call level, which will be 102.75% of the initial level, on any annual call valuation date after one year.

The payout at maturity will be par plus 150% of any index gain.

If the index falls, the payout will be par.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on March 26.

The Cusip number is 22551LZJ2.

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