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Published on 9/21/2023 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $763,000 accelerated barrier notes on three indexes

Chicago, Sept. 21 – Credit Suisse AG, London Branch priced $763,000 of 0% accelerated barrier notes due Sept. 20, 2027 linked to the lowest performing of the S&P 500 index, the Dow Jones industrial average and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 180% of the return of the worst performing index.

If any index falls but each index finishes at or above the 75% knock-in level, the payout will be par.

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

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Accelerated barrier notes
Underlying indexes:S&P 500, Dow Jones industrial average, Nasdaq-100 index
Amount:$763,000
Maturity:Sept. 20, 2027
Coupon:0%
Price:Par
Payout at maturity:If each index finishes at or above its initial level, par plus 180% of the return of the worst performing index; if any index falls but all indexes finish at or above the knock-in level, par; otherwise, investors will be fully exposed to the decline of the worst performing index
Initial index levels:3901.35 for S&P, 30961.82 for Dow, 11927.49 for Nasdaq
Knock-in levels:2926.0125 for S&P, 23221.365 for Dow, 8945.6175 for Nasdaq; 75% of initial levels
Pricing date:Sept. 15, 2022
Settlement date:Sept. 20, 2022
Agent:Credit Suisse Securities (USA) LLC
Fees:1%
Cusip:22553QKK2

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