New Issue: Credit Suisse sells $2.69 million accelerated barrier notes on indexes, ETF

By Kiku Steinfeld

Chicago, July 22 – Credit Suisse AG, London Branch priced $2.69 million of 0% accelerated barrier notes due June 2, 2026 linked to the lowest performing of the S&P 500 index, the Dow Jones industrial average and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If each asset finishes at or above its initial level, the payout at maturity will be par plus 195% of the return of the worst performing asset.

If any asset falls but each asset finishes at or above the 70% knock-in level, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the worst performing asset.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying assets:	S&P 500 index, the Dow Jones industrial average and the iShares MSCI EAFE ETF
Amount:	$2,689,000
Maturity:	June 2, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If each asset finishes at or above its initial level, par plus 195% of the return of the worst performing asset; if any asset falls but all assets finish at or above the knock-in level, par; otherwise, investors will be fully exposed to the decline of the worst performing asset
Initial levels:	4204.11 for S&P, $80.83 for ETF, 34529.45 for Dow
Knock-in levels:	2942.877 for S&P, $56.581 for ETF, 24170.615 for Dow; 70% of initial levels
Pricing date:	May 28
Settlement date:	June 3
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.75%
Cusip:	22552XLY7

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