New Issue: Credit Suisse prices $2 million CS notes linked to equally-weighted index basket

By William Gullotti

Buffalo, N.Y., June 8 – Credit Suisse AG, London Branch priced $2 million of 0% CS notes due June 3, 2026 linked to an equally-weighted index basket, according to a 424B2 filing with the Securities and Exchange.

The basket consists of the Russell 2000 index, the Dow Jones industrial average and the S&P 500 index.

If the basket finishes at or above its initial level, the payout at maturity will be par plus the return capped at 37.1%.

Otherwise, investors will receive par.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	CS notes
Underlying indexes:	Russell 2000 index, Dow Jones industrial average, S&P 500 index; equal weights
Amount:	$2 million
Maturity:	June 3, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If basket finishes at or above initial level, par plus the basket return capped at 37.1%; otherwise, par
Initial levels:	1,864.043 for Russell, 32,990.12 for Dow, 4,132.15 for S&P
Pricing date:	May 31
Settlement date:	June 3
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.6%
Cusip:	22553Q2R7

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