New Issue: Credit Suisse prices $130,000 Bares linked to S&P 500 index

By Wendy Van Sickle

Columbus, Ohio, Oct. 1 – Credit Suisse AG, London Branch priced $130,000 of 0% Buffered Accelerated Return Equity Securities due Dec. 30, 2022 linked to the S&P 500 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 plus 125% of the index return, subject to a maximum return of 24%. Investors will receive par if the index falls by up to 15% and lose 1% for every 1% that the index declines beyond 15%.

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

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying index:	S&P 500
Amount:	$130,000
Maturity:	Dec. 30, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 125% of index return, up to 24% maximum return; par if index falls by up to 15%; 1% loss for every 1% index declines beyond 15%
Initial level:	2,984.87
Buffer level:	2,537.1395, or 85% of initial level
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Agent:	Credit Suisse Securities (USA) LLC and Incapital LLC
Fees:	3%
Cusip:	22552FVM1

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