New Issue: Credit Suisse prices $3.24 million digital barrier notes on KraneShares CSI China Internet ETF

By Wendy Van Sickle

Columbus, Ohio, May 31 – Credit Suisse AG, London Branch priced $3.24 million of 0% digital barrier notes due June 1, 2022 linked to the KraneShares CSI China Internet ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF finishes at or above its 75% knock-in level, the payout at maturity will be par plus the fixed return of 30%.

Otherwise, investors will have full exposure to the loss.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying ETF:	KraneShares CSI China Internet ETF
Amount:	$3,235,000
Maturity:	June 1, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the ETF finishes at or above its 75% knock-in level, par plus the fixed return of 30%; otherwise, full exposure to loss
Initial level:	$40.51
Knock-in level:	$30.3825; 75% of initial level
Pricing date:	May 24
Settlement date:	May 31
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.5%
Cusip:	22552FFL1

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