New Issue: Credit Suisse sells $500,000 buffered accelerated return equity notes on Nasdaq

By Kiku Steinfeld

Chicago, July 11 – Credit Suisse AG, London Branch priced $500,000 of 0% buffered accelerated return equity securities due Dec. 29, 2025 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above its initial level, the payout at maturity will be par plus 1.5 the return of the index, capped at 39%.

Investors will receive par if the index falls by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered accelerated return equity securities
Underlying index:	Nasdaq-100
Amount:	$500,000
Maturity:	Dec. 29, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If index closes at or above its initial level, the payout at maturity will be par plus 1.5 times the return of the index, capped at 39%; investors will receive par if index falls by 10% or less and will lose 1% for every 1% that the index declines beyond 10%
Initial level:	16308.21
Buffer level:	14677.389; 90% of initial level
Pricing date:	Dec. 23, 2021
Settlement date:	Dec. 29, 2021
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.25%
Cusip:	22553PDF3

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