New Issue: Credit Suisse sells $700,000 buffered accelerated return equity securities on MidCap 400

Chicago, May 17 – Credit Suisse AG, London Branch priced $700,000 of 0% buffered accelerated return equity securities due July 7, 2023 linked to the S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index closes at or above its initial level, the payout at maturity will be par plus 1.25 times the return of index, capped at 21.75%.

Investors will receive par if the index falls by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered accelerated return equity securities
Underlying index:	S&P MidCap 400 index
Amount:	$700,000
Maturity:	July 7, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If index closes at or above its initial level, the payout at maturity will be par plus 1.25 times the return of the index, capped at 21.75%; investors will receive par if index falls by 10% or less and will lose 1% for every 1% that the index declines beyond 10%
Initial level:	2220.49
Buffer level:	1998.441; 90% of initial levels
Pricing date:	June 21, 2022
Settlement date:	June 24, 2022
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22553QA49

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