New Issue: Credit Suisse prices $6.54 million Bares linked to Stoxx 50, EAFE ETF

By William Gullotti

Buffalo, N.Y., Aug. 25 – Credit Suisse AG, London Branch priced $6.54 million of 0% Buffered Accelerated Return Equity Securities due Aug. 24, 2023 linked to the lesser performing of the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the lesser-performing underlier’s return is positive, the payout at maturity will be par plus 155% of the lesser-performing underlier’s return.

Investors will receive par if the lesser-performing underlier falls by up to 10% and lose 1% for every 1% decline in the worst performer beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying assets:	iShares MSCI EAFE ETF, Euro Stoxx 50 index
Amount:	$6,541,000
Maturity:	Aug. 24, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If lesser-performing underlier return is positive, par plus 155% of underlier return; par if lesser-performing underlier falls by up to 10%; 1% loss for every 1% decline in worst performer beyond 10%
Initial levels:	$79.45 for ETF, 4,147.5 for Stoxx
Buffer levels:	$71.505 for ETF, 3,732.75 for Stoxx; 90% of initial levels
Pricing date:	Aug. 20
Settlement date:	Aug. 25
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	0.7%
Cusip:	22552XTQ6

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