New Issue: Credit Suisse sells $4.1 million accelerated barrier notes on index, ETF

By Wendy Van Sickle

Columbus, Ohio, Oct. 8 – Credit Suisse AG, London Branch priced $4.1 million of 0% accelerated barrier notes due Oct. 9, 2025 linked to the lowest performing of the iShares MSCI EAFE ETF and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each asset finishes at or above its initial level, the payout at maturity will be par plus 242.2% of the return of the lesser performing asset.

If either asset falls but neither finishes below its 70% knock-in level, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the lesser performing asset.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated barrier notes
Underlying assets:	iShares MSCI EAFE ETF and Euro Stoxx 50 index
Amount:	$4.1 million
Maturity:	Oct. 9, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If lesser performing asset finishes at or above its initial price, par plus 242.2% of that asset’s return; if lesser performing asset falls by up to 40%, par; otherwise, full exposure to decline of lesser performing asset
Initial prices:	$77.91 for ETF, 4,065.43 for index
Knock-in prices:	$54.537 for ETF, 2,845.801 for index, 70% of initial prices
Pricing date:	Oct. 5
Settlement date:	Oct. 8
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.75%
Cusip:	22552XWY5

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