New Issue: Credit Suisse sells $8.6 million of buffered accelerated return equity notes on S&P, Dow

By Wendy Van Sickle

Columbus, Ohio, July 26 – Credit Suisse AG, London Branch priced $8.6 million of 0% buffered accelerated return equity securities due July 28, 2026 linked to the least performing of the Dow Jones industrial average and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each asset closes at or above its initial level, the payout at maturity will be par plus 142% the return of the least performing asset.

Investors will receive par if the least performing asset falls by 20% or less and will lose 1% for every 1% that the worst performer declines beyond 20%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered accelerated return equity securities
Underlying assets:	Dow Jones industrial average and S&P 500 index
Amount:	$8,596,000
Maturity:	July 28, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 142% of gain of the least performing asset; investors will receive par if the least performing asset falls by 20% or less and will lose 1% for every 1% that the worst performer declines beyond 20%
Initial levels:	32,036.9 for Dow, 3,998.95 for S&P
Buffer levels:	25,629.54 for Dow, 3,199.16 for S&P, 80% of initial levels
Pricing date:	July 21
Settlement date:	July 28
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.25%
Cusip:	22553QEB9

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