New Issue: Credit Suisse sells $509,000 digital barrier notes on Dow, S&P

Chicago, April 14 – Credit Suisse AG, London Branch priced $509,000 of 0% digital barrier notes due June 23, 2023 linked to the lowest 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 index finishes at or above its 70% threshold level, the payout at maturity will be par plus 7.6%.

Otherwise, investors will lose 1% for every 1% decline of the lesser performing index below its initial level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying indexes:	Dow Jones industrial average, S&P 500 index
Amount:	$509,000
Maturity:	June 23, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above threshold level, par plus 7.6%; otherwise, full exposure to decline of lesser performing index from initial level
Initial levels:	31261.90 for Dow, 3901.36 for S&P
Threshold levels:	21883.33 for Dow, 2730.952 for S&P; 70% of initial levels
Pricing date:	May 20, 2022
Settlement date:	May 25, 2022
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.93%
Cusip:	22553PXU8

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