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Published on 3/20/2023 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $200,000 CS notes tied to three ETFs

Chicago, March 20 – Credit Suisse AG, London Branch priced $200,000 of 0% CS notes due May 27, 2025 linked to the lowest performing of the iShares MSCI Emerging Markets ETF, the iShares MSCI Brazil ETF and the iShares MSCI Hong Kong exchange-traded fund, according to a 424B2 filing with the Securities and Exchange.

The payout at maturity will be par plus any gain of the least performing ETF up to a 30.6% maximum gain.

Otherwise, investors will receive par.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:CS notes
Underlying ETFs:iShares MSCI Emerging Markets ETF, iShares MSCI Brazil ETF and iShares MSCI Hong Kong ETF
Amount:$200,000
Maturity:May 27, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus gain of least performing ETF up to a 30.6% maximum gain; otherwise, par
Initial levels:$41.32 for EM, $33.16 for Brazil, $21.60 for Hong Kong
Strike date:May 17, 2022
Pricing date:May 19, 2022
Settlement date:May 26, 2022
Agent:Credit Suisse Securities (USA) LLC
Fees:4%
Cusip:22553PYE3

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