New Issue: Credit Suisse prices $13.54 million trigger PLUS linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Aug. 4 – Credit Suisse AG, London Branch priced $13.54 million of 0% trigger Performance Leveraged Upside Securities due Aug. 5, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus 1.8 times the index return.

If the index falls but finishes at or above its 80% trigger level, the payout will be par.

Otherwise, investors will be fully 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:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50 index
Amount:	$13,540,800
Maturity:	Aug. 5, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.8 times any positive index return; if index falls by up to 20%, par; otherwise, 1% loss per 1% decline
Initial level:	4,089.3
Trigger level:	3,271.44; 80% of initial level
Pricing date:	July 30
Settlement date:	Aug. 4
Underwriter:	Credit Suisse Securities (USA) LLC
Distributor:	Morgan Stanley Smith Barney LLC
Fees:	3%
Cusip:	22552Y473

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