New Issue: Credit Suisse sells $688,600 PLUS notes on Euro Stoxx

By Taylor Fox

New York, Nov. 23 – Credit Suisse AG, London Branch priced $688,600 of 0% Performance Leveraged Upside Securities due Feb. 3, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial level, the payout at maturity will be par of $10 plus three times the return up to par plus 14.5%.

Investors will be exposed to any losses.

Credit Suisse Securities (USA) LLC is the underwriter. Morgan Stanley Smith Barney LLC is acting as distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$668,600
Maturity:	Feb. 3, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If the final index level is greater than or equal to initial level, three times the return up to par plus 14.5%; exposure to any losses
Initial level:	2,958.21
Pricing date:	Oct. 30
Settlement date:	Nov. 4
Underwriter:	Credit Suisse Securities (USA) LLC
Distributor:	Morgan Stanley Smith Barney LLC
Fees:	2.25%
Cusip:	22550X683

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