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Published on 11/29/2022 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $615,000 CS notes on Credit Suisse US Balanced 5% ER

By Kiku Steinfeld

Chicago, Nov. 29 – Credit Suisse AG, London Branch priced $615,000 of 0% CS notes due March 30, 2026 linked to the Credit Suisse US Balanced 5% ER index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus2.5 times the index gain. If the index finishes flat or falls, investors will receive par.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:CS notes
Underlying index:Credit Suisse US Balanced 5% ER index
Amount:$615,000
Maturity:March 30, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus 2.5 times any index gain; otherwise, par
Initial level:244.4048
Pricing date:March 25
Settlement date:March 30
Agent:Credit Suisse Securities (USA) LLC
Fees:0.25%
Cusip:22553PPZ6

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