New Issue: Credit Suisse prices $628,000 autocallable yield notes on Amazon

By Taylor Fox

New York, March 11 – Credit Suisse AG, London Branch priced $628,000 of 8.1% autocallable yield notes due April 4, 2022 linked to the common stock of Amazon.com, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The notes will be called at par if Amazon shares close at or above the initial share price on any monthly observation date after six months.

The payout at maturity will be par unless the final share price is less than the 75% knock-in level, in which case investors will be fully exposed to the decline.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Autocallable yield notes
Underlying stock:	Amazon.com, Inc.
Amount:	$628,000
Maturity:	April 4, 2022
Coupon:	8.1%, payable monthly
Price:	Par
Payout at maturity:	Par unless the final share price is less than knock-in level, in which case investors will be fully exposed to the decline
Call:	At par if Amazon shares close at or above the initial share price on any monthly observation date after six months
Initial share price:	$3,092.93
Knock-in price:	$2,319.6975, 75% of initial price
Pricing date:	Feb. 26
Settlement date:	March 3
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.65%
Cusip:	22552XD42

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