New Issue: Credit Suisse prices $6.6 million trigger PLUS linked to MSCI EM index

By Wendy Van Sickle

Columbus, Ohio, July 5 – Credit Suisse AG, London Branch priced $6.6 million of 0% trigger Performance Leveraged Upside Securities due July 3, 2024 linked to the MSCI Emerging Markets index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus 132.5% of the index return.

If the index falls by up to its 65% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	MSCI Emerging Markets index
Amount:	$6,599,770
Maturity:	July 3, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 132.5% of the index return; if index falls by up to 35%, par; otherwise, 1% loss per 1% decline
Initial level:	1,054.86
Trigger level:	685.66, 65% of initial level
Pricing date:	June 28
Settlement date:	July 3
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	3.5%
Cusip:	22550F500

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