New Issue: Credit Suisse sells $434,000 buffered accelerated return notes on Stoxx, MSCI EAFE

By Kiku Steinfeld

Chicago, Jan. 14 – Credit Suisse AG, London Branch priced $434,000 of 0% buffered accelerated return equity securities due Dec. 20, 2024 linked to the lowest performing of the MSCI EAFE index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlier closes at or above its initial level, the payout at maturity will be par plus 1.5 times the return of the lesser performing underlier.

Investors will receive par if either underlier falls by 25% or less and will lose 1.3333% for every 1% that the lesser-performing index declines beyond 25%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered accelerated return equity securities
Underlying indexes:	MSCI EAFE index and the Euro Stoxx 50 index
Amount:	$434,000
Maturity:	Dec. 20, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlier closes at or above initial level, par plus 1.5 times return of lesser-performing underlier; par if each index declines by 25% or less; 1.3333% loss for every 1% that lesser-performing index declines beyond 25%
Initial levels:	2,278.88 for EAFE and 4,161.35 for Stoxx
Buffer levels:	1,709.16 for EAFE and 3,121.0125 for Stoxx; 75% of initial levels
Pricing date:	Dec. 17
Settlement date:	Dec. 22
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.2%
Cusip:	22553PBY4

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