New Issue: Credit Suisse sells $5.35 million digital buffered notes on Stoxx

By Kiku Steinfeld

Chicago, Oct. 22 – Credit Suisse AG, London Branch priced $5.35 million of 0% digital buffered notes due Aug. 10, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 87.5% buffer level, the payout at maturity will be par plus the fixed payment of 20.5%.

Otherwise, investors will lose 1.14286% for each 1% decline beyond the 12.5% buffer.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital buffered notes
Underlying index:	Euro Stoxx 50 index
Amount:	$5,347,000
Maturity:	Aug. 10, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the index gains, finishes flat or falls by up to 12.5%, par plus 20.5%; otherwise, 1.14286% loss for each 1% decline beyond the 12.5% buffer
Initial index level:	3255.76
Buffer level:	87.5% of initial level
Pricing date:	Oct. 8
Settlement date:	Oct. 16
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0%
Cusip:	22552WPK5

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