New Issue: Credit Suisse sells $8.78 million enhanced trigger jump notes on Stoxx, Russell

By Wendy Van Sickle

Columbus, Ohio, June 10 – Credit Suisse AG, London Branch priced $8.78 million of 0% enhanced trigger jump securities due Dec. 4, 2024 linked to the lesser performing of the Euro Stoxx 50 index 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 77.5% trigger level, the payout at maturity will equal par of $10 plus the greater of any gain of the worse performing index and the fixed return of 35%.

Otherwise, investors will lose 1% for each 1% decline of the worse performing index.

Credit Suisse Securities (USA) LLC is the agent, with Morgan Stanley Wealth Management as dealer.

Issuer:	Credit Suisse AG, London Branch
Issue:	Enhanced trigger jump securities
Underlying indexes:	Euro Stoxx 50, S&P 500
Amount:	$8,775,000
Maturity:	Dec. 4, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If each index gains or falls by up to 22.5%, par plus greater of any gain of the worse performing index and the fixed return of 35%; otherwise, 1% loss per 1% decline of worse performing index
Initial levels:	3,050.2 for Stoxx, 3,044.31 for S&P
Trigger levels:	2,363.91 for Stoxx, 2,359.34 for S&P; 77.5% of initial levels
Pricing date:	May 29
Settlement date:	June 3
Agent:	Credit Suisse Securities (USA) LLC
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	3%
Cusip:	22550V638

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