New Issue: Credit Suisse prices $363,000 Bares linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., April 26 – Credit Suisse AG, London Branch priced $363,000 of Buffered Accelerated Return Equity Securities due June 5, 2028 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 111.15% of the index return. Investors will receive par if the index declines by 15% or less and will lose 1% for every 1% that it declines beyond 15%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered Accelerated Return Equity Securities
Underlying indexes:	Russell 2000 index
Amount:	$363,000
Maturity:	June 5, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus 111.15% of index return; par if index declines by 15% or less; 1% loss for every 1% that index declines beyond 15%
Initial level:	1,864.043
Buffer level:	1,584.43655, or 85% of initial level
Pricing date:	May 31, 2022
Settlement date:	June 3, 2022
Agent:	Credit Suisse Securities (USA) LLC
Fees:	4.35%
Cusip:	22553PXW4

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