Obligation Swiss Credit 0% ( XS1355040335 ) en GBP

Swiss Credit

100 % ⇌

Suisse

XS1355040335 ( en GBP )

23/03/2022 - Obligation échue

Prospectus brochure de l'obligation Credit Suisse XS1355040335 en GBP 0%, échue

1 GBP

1 250 000 GBP

Credit Suisse était une grande banque suisse, active dans la gestion de fortune, l'investissement bancaire et les services financiers, avant sa prise de contrôle par UBS en mars 2023 suite à une crise de confiance.

L'Obligation émise par Swiss Credit ( Suisse ) , en GBP, avec le code ISIN XS1355040335, paye un coupon de 0% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 23/03/2022

Credit Suisse AG
Credit Suisse International
Put and Call Securities Base Prospectus
Pursuant to the Structured Products Programme
for the issuance of Notes, Certificates and Warrants
This Base Prospectus
This document is a base prospectus (the "Base Prospectus") prepared for the purposes of Article 5.4
of Directive 2003/71/EC, as amended from time to time, including by Directive 2010/73/EU (the
"Prospectus Directive") in respect of all Securities other than Exempt Securities. It is valid for one year
and may be supplemented from time to time under the terms of the Prospectus Directive. It should be
read together with (i) any supplements to it from time to time, (ii) any other documents incorporated by
reference into it (see "Documents Incorporated by Reference" below) and (iii) in relation to any particular
Securities (other than Exempt Securities), the "Final Terms" document relating to those Securities.
References in this Base Prospectus to "Exempt Securities" are to Securities for which no prospectus is
required to be published under the Prospectus Directive. The CSSF (as defined below) has neither
approved nor reviewed information contained in this Base Prospectus in connection with Exempt
Securities.
The Programme
This Base Prospectus is one of a number of base prospectuses and other offering documents under the
Structured Products Programme for the issuance of Notes, Certificates and Warrants (the
"Programme") of Credit Suisse AG and Credit Suisse International.
The Issuers
Securities under this Base Prospectus will be issued by either Credit Suisse AG ("CS"), acting through
its London Branch, Nassau Branch or Singapore Branch, or Credit Suisse International ("CSi") (each, an
"Issuer" and, together, the "Issuers"). This Base Prospectus contains information relating to the
business affairs and financial condition of the Issuers.
The Securities
This Base Prospectus relates to securities (the "Securities") which:

will be in the form of notes, certificates or warrants;

may have any maturity;

will either bear periodic fixed rate or floating rate interest or interest that is dependent on the
performance of one or more underlying assets, or be zero coupon notes, which do not bear
interest; and

upon maturity, will either pay a fixed percentage of the nominal amount, or pay a redemption
amount or settlement amount, or deliver a specified number of shares, in each case that is
dependent on the performance of one or more underlying assets.
In addition, the Securities may provide for early redemption or settlement upon the occurrence of a
specified trigger event or at the option of the Issuer.
The terms and conditions of any particular issuance of Securities will comprise:

in the case of:

(a)
notes, the "General Terms and Conditions of Notes" at pages 124 to 145 of this Base
Prospectus, together with any "Additional Provisions relating to Notes" beginning at
page 146 of this Base Prospectus which are specified to be applicable in the relevant
Final Terms (or, in the case of Exempt Securities, the relevant Pricing Supplement); or
(b)
certificates, the "General Terms and Conditions of Certificates" at pages 153 to 171 of
this Base Prospectus, together with any "Additional Provisions relating to Certificates"
beginning at page 172 of this Base Prospectus which are specified to be applicable in
the relevant Final Terms (or, in the case of Exempt Securities, the relevant Pricing
Supplement); or
(c)
warrants, the "General Terms and Conditions of Warrants" at pages 179 to 192 of this
Base Prospectus, together with any "Additional Provisions relating to Warrants"
beginning at page 193 of this Base Prospectus which are specified to be applicable in
the relevant Final Terms (or, in the case of Exempt Securities, the relevant Pricing
Supplement);

the economic or "payout" terms of the Securities set forth in the "Product Conditions" at pages
202 to 228 of this Base Prospectus which are specified to be applicable in the relevant Final
Terms (or, in the case of Exempt Securities, the relevant Pricing Supplement);

where the Securities are linked to one or more underlying assets, the terms and conditions
relating to such underlying asset(s) set out in the "Asset Terms" at pages 229 to 355 of this
Base Prospectus which are specified to be applicable in the Final Terms; and

the issue specific details relating to such Securities as set forth in a separate "Final Terms"
document (or, in the case of Exempt Securities, a separate "Pricing Supplement" document),
as described below.
Final Terms
A separate "Final Terms" document will be prepared in respect of each issuance of Securities (other
than Exempt Securities) and will set out the specific details of the Securities. For example, the relevant
Final Terms will specify the issue date, the maturity date, the underlying asset(s) to which the Securities
are linked (if any), the applicable "Product Conditions" and/or the applicable "Asset Terms". The relevant
Final Terms shall not replace or modify the "General Terms and Conditions", the "Product Conditions"
and the "Asset Terms".
In addition, if required under the Prospectus Directive, an issue-specific summary will be annexed to the
relevant Final Terms for each tranche of Securities (other than Exempt Securities), which will contain a
summary of key information relating to the relevant Issuer, the Securities, the risks relating to the
relevant Issuer and the Securities, and other information relating to the Securities.
In relation to any particular Securities (other than Exempt Securities), you should read this Base
Prospectus (including the documents which are incorporated by reference) together with the relevant
Final Terms.
Pricing Supplement
A separate "Pricing Supplement" document will be prepared for each issuance of Exempt Securities and
will set out the specific details of the Securities. For example, the relevant Pricing Supplement will
specify the issue date, the maturity date, the underlying asset(s) to which the Securities are linked (if
any), the applicable "Product Conditions" and/or the applicable "Asset Terms". The relevant Pricing
Supplement may replace or modify the "General Terms and Conditions", the "Product Conditions" and
the "Asset Terms" to the extent so specified or to the extent inconsistent with the same.
In relation to any particular Exempt Securities, you should read this Base Prospectus (including the
documents which are incorporated by reference) together with the relevant Pricing Supplement.
Types of underlying assets
The economic or "payout" terms of the Securities may be linked to movements in one or more of the
following types of underlying assets (each, an "Underlying Asset"):

an equity share;

an equity index;

a commodity or a commodity futures contract;
2

a commodity index;

an exchange-traded fund;

a mutual fund, hedge fund or other fund;

a currency exchange rate;

a currency exchange rate index;

an inflation index;

an interest rate index; or

a cash index.
The interest payable under certain Securities issued under this Base Prospectus may also be calculated
by reference to a fixed rate of interest or a reference rate for determining floating rate interest.
Potential for Discretionary Determinations by the Issuer under the Securities
Under the terms and conditions of the Securities, following the occurrence of certain events outside of
its control, the Issuer may determine in its discretion to take one or more of the actions available to it in
order to deal with the impact of such event on the Securities or the Issuer or both. It is possible that any
such discretionary determinations by the Issuer could have a material adverse impact on the value of
the Securities. An overview of the potential for discretionary determinations by the Issuer under the
Securities is set forth in the section headed "Overview of the Potential for Discretionary Determinations
by the Issuer" on pages 115 to 122 of this Base Prospectus.
Risk Factors
Investing in the Securities involves certain risks, including that you may lose some or all of your
investment in certain circumstances.
Before purchasing Securities, you should consider, in particular, "Risk Factors" at pages 58 to 96 of this
Base Prospectus. You should ensure that you understand the nature of the Securities and the extent of
your exposure to risks and consider carefully, in the light of your own financial circumstances, financial
condition and investment objectives, all the information set forth in this Base Prospectus and any
documents incorporated by reference herein.
22 July 2015
3

TABLE OF CONTENTS
Page
IMPORTANT NOTICES............................................................................................................................. 6
SUMMARY ................................................................................................................................................ 9
RISK FACTORS .......................................................................................................................................58
1.
General considerations ............................................................................................................60
2.
Risks associated with the creditworthiness of the relevant Issuer ...........................................61
3.
Risks relating to the Securities generally .................................................................................63
4.
Risks associated with certain types of Securities.....................................................................70
5.
Risks associated with Securities that are linked to Underlying Asset(s) ..................................72
6.
Risks associated with Securities that are linked to one or more particular types of
Underlying Assets....................................................................................................................79
7.
Risks associated with conflicts of interest between the relevant Issuer and holders of
Securities .................................................................................................................................95
DOCUMENTS INCORPORATED BY REFERENCE ................................................................................97
GENERAL DESCRIPTION OF THE PROGRAMME ..............................................................................110
USE OF PROCEEDS .............................................................................................................................114
OVERVIEW OF THE POTENTIAL FOR DISCRETIONARY DETERMINATIONS BY THE ISSUER .....115
OVERVIEW OF PROVISIONS RELATING TO NOTES WHILE IN GLOBAL FORM .............................123
TERMS AND CONDITIONS OF THE SECURITIES...............................................................................124
GENERAL TERMS AND CONDITIONS OF NOTES ........................................................................124
1.
Form, Denomination and Title................................................................................................125
2.
Transfers of Registered Securities.........................................................................................126
3.
Status.....................................................................................................................................127
4.
Interest and Premium.............................................................................................................127
5.
Redemption, Purchase and Options ......................................................................................132
6.
Payments...............................................................................................................................133
7.
Prescription............................................................................................................................136
8.
Events of Default ...................................................................................................................136
9.
Meetings of Securityholders...................................................................................................137
10. Modification............................................................................................................................137
11. Substitution of the Issuer .......................................................................................................137
12. Taxation .................................................................................................................................138
13. Further Issues........................................................................................................................138
14. Notices...................................................................................................................................138
15. Replacement of Certificates...................................................................................................139
16. Calculations and Determinations ...........................................................................................139
17. Third Parties ..........................................................................................................................140
18. Miscellaneous Definitions ......................................................................................................140
19. Governing Law and Jurisdiction.............................................................................................144
ADDITIONAL PROVISIONS RELATING TO NOTES ....................................................................146
PROVISIONS RELATING TO NOTES IN EUROCLEAR FINLAND...............................................146
PROVISIONS RELATING TO NOTES IN EUROCLEAR SWEDEN ..............................................148
PROVISIONS RELATING TO NOTES IN VPS ..............................................................................150
PROVISIONS RELATING TO NOTES IN VP SECURITIES A/S ...................................................151
GENERAL TERMS AND CONDITIONS OF CERTIFICATES...........................................................153
1.
Form, Title and Transfer ........................................................................................................154
2.
Status.....................................................................................................................................154
3.
Redemption and Payment .....................................................................................................155
4.
Interest and Premium.............................................................................................................157
5.
Illegality..................................................................................................................................162
6.
Purchases..............................................................................................................................162
7.
Appointment of Agents...........................................................................................................163
8.
Further Issues........................................................................................................................163
9.
Notices...................................................................................................................................163
10. Events of Default ...................................................................................................................163
11. Calculations and Determinations ...........................................................................................164
12. Taxation .................................................................................................................................165
13. Meetings of Securityholders...................................................................................................165
14. Modification............................................................................................................................165
15. Substitution of the Issuer .......................................................................................................165
16. Third Parties ..........................................................................................................................166
17. Miscellaneous Definitions ......................................................................................................166
18. Governing Law and Jurisdiction.............................................................................................171
ADDITIONAL PROVISIONS RELATING TO CERTIFICATES.......................................................172
4

PROVISIONS RELATING TO CERTIFICATES IN EUROCLEAR FINLAND .................................172
PROVISIONS RELATING TO CERTIFICATES IN EUROCLEAR SWEDEN.................................174
PROVISIONS RELATING TO CERTIFICATES IN VPS.................................................................176
PROVISIONS RELATING TO CERTIFICATES IN VP SECURITIES A/S......................................177
GENERAL TERMS AND CONDITIONS OF WARRANTS ................................................................179
1.
Form, Title and Transfer ........................................................................................................180
2.
Status.....................................................................................................................................180
3.
Exercise Rights......................................................................................................................181
4.
Exercise Procedure ...............................................................................................................181
5.
Payments...............................................................................................................................182
6.
Illegality..................................................................................................................................183
7.
Purchases..............................................................................................................................184
8.
Appointment of Agents...........................................................................................................184
9.
Further Issues........................................................................................................................184
10. Notices...................................................................................................................................184
11. Events of Default ...................................................................................................................184
12. Calculations and Determinations ...........................................................................................185
13. Taxation .................................................................................................................................186
14. Meetings of Securityholders...................................................................................................186
15. Modification............................................................................................................................186
16. Substitution of the Issuer .......................................................................................................186
17. Third Parties ..........................................................................................................................187
18. Miscellaneous Definitions ......................................................................................................187
19. Governing Law and Jurisdiction.............................................................................................191
ADDITIONAL PROVISIONS RELATING TO WARRANTS ............................................................193
PROVISIONS RELATING TO WARRANTS IN EUROCLEAR FINLAND.......................................193
PROVISIONS RELATING TO WARRANTS IN EUROCLEAR SWEDEN ......................................195
PROVISIONS RELATING TO WARRANTS IN VPS......................................................................197
ADDITIONAL PROVISIONS FOR ITALIAN SECURITIES................................................................198
PRODUCT CONDITIONS.................................................................................................................202
ASSET TERMS.................................................................................................................................229
EQUITY-LINKED SECURITIES .....................................................................................................229
EQUITY INDEX-LINKED SECURITIES .........................................................................................245
COMMODITY-LINKED SECURITIES ............................................................................................261
COMMODITY INDEX-LINKED SECURITIES ................................................................................280
ETF-LINKED SECURITIES............................................................................................................287
FX-LINKED SECURITIES ..............................................................................................................305
FX INDEX-LINKED SECURITIES ..................................................................................................312
INFLATION INDEX-LINKED SECURITIES ....................................................................................322
INTEREST RATE INDEX-LINKED SECURITIES ..........................................................................326
CASH INDEX-LINKED SECURITIES.............................................................................................335
MULTI-ASSET BASKET-LINKED SECURITIES ............................................................................338
FUND-LINKED SECURITIES.........................................................................................................348
FORM OF FINAL TERMS ......................................................................................................................356
FORM OF PRICING SUPPLEMENT ......................................................................................................406
CLEARING ARRANGEMENTS ..............................................................................................................447
THE UNDERLYING ASSETS .................................................................................................................449
CREDIT SUISSE AG ..............................................................................................................................450
CREDIT SUISSE INTERNATIONAL.......................................................................................................452
TAXATION..............................................................................................................................................457
OFFERS .................................................................................................................................................505
SELLING RESTRICTIONS.....................................................................................................................506
GENERAL INFORMATION ....................................................................................................................513
INDEX OF DEFINED TERMS ................................................................................................................518
5

Important Notices
IMPORTANT NOTICES
Each Issuer may issue Securities on the terms set out in this Base Prospectus and in the relevant Final
Terms (or, in the case of Exempt Securities, the relevant Pricing Supplement).
Where the Issuer is CS, the relevant Final Terms (or, in the case of Exempt Securities, the relevant
Pricing Supplement) will specify whether CS is issuing the Securities through its London Branch, its
Nassau Branch or its Singapore Branch. Investors should be aware that certain tax and regulatory
consequences may follow from issuing Securities through a particular branch, including whether
payments on the Securities are subject to withholding tax (see the section headed "Taxation" below). A
branch located in a particular jurisdiction will also be subject to certain regulatory requirements and
rules, breach of which may result in regulatory sanction and, possibly, investor claims. Investors should
be aware that a branch is not a subsidiary and does not comprise a separate legal entity and that, in
respect of any Securities issued by CS, obligations under such Securities are those of CS only, and
investors' claims under such Securities are against CS only, notwithstanding the branch through which it
will have issued such Securities.
Credit Suisse AG, Singapore Branch is licensed as a wholesale bank under the Banking Act, Chapter 19
of Singapore and is subject to restrictions on the acceptance of deposits in Singapore dollars. The
Securities do not constitute or evidence a debt repayable by Credit Suisse AG, Singapore Branch on
demand to the Securityholders and the value of the Securities, if sold on the secondary market, is
subject to market conditions prevailing at the time of the sale. Please refer to the section headed "Terms
and Conditions of the Securities" together with the relevant Final Terms (or, in the case of Exempt
Securities, the relevant Pricing Supplement) for the terms and conditions under which the
Securityholders may recover amounts payable or deliverable to them on the Securities from the Issuer.
The final terms relevant to an issue of Securities will be set out in a final terms document (the "Final
Terms") (or, in the case of Exempt Securities, a pricing supplement document (the "Pricing
Supplement"). The relevant Final Terms shall not replace or modify the "General Terms and
Conditions", the "Product Conditions" or the "Asset Terms". The relevant Final Terms will be provided to
investors and, where so required under the Prospectus Directive, filed with the CSSF and any other
relevant Member State and made available, free of charge, to the public at the registered office of the
Issuer and at the offices of the relevant Distributors and Paying Agents.
In the case of Exempt Securities, the relevant Pricing Supplement may replace or modify any of the
"General Terms and Conditions", the "Product Conditions" and the "Asset Terms" to the extent so
specified or to the extent inconsistent with the same. The applicable Pricing Supplement will only be
obtainable by a Securityholder holding one or more Exempt Securities and such Securityholder must
produce evidence satisfactory to the Issuer and the relevant Distributors and Paying Agents as to its
holding of such Exempt Securities and identity.
No Investment Advice
Prospective investors should have regard to the factors described under the section headed "Risk
Factors" in this Base Prospectus. The relevant Issuer is acting solely in the capacity of an arm's length
contractual counterparty and not as an investor's financial adviser or fiduciary in any transaction. The
purchase of Securities involves substantial risks and an investment in Securities is only suitable for
investors who (either alone or in conjunction with an appropriate financial adviser) fully evaluate the
risks and merits of such an investment in the Securities and who have sufficient resources to be able to
bear any losses that may result therefrom. Therefore, before making an investment decision,
prospective investors of Securities should ensure that they understand the nature of the Securities and
the extent of their exposure to risks and consider carefully, in the light of their own financial
circumstances, financial condition and investment objectives, all the information set forth in this Base
Prospectus and any documents incorporated by reference herein. This Base Prospectus cannot
disclose whether the Securities are a suitable investment in relation to any investor's particular
circumstances; therefore investors should consult their own financial, tax, legal or other advisers if they
consider it appropriate to do so and carefully review and consider such an investment decision in the
light of the information set forth in this Base Prospectus.
CREST Depository Interests
The Issuers give notice that investors may hold indirect interests in certain Securities through CREST
through the issuance of dematerialised depository interests ("CDIs"). CDIs are independent securities
(distinct from the Securities issued by the relevant Issuer) constituted under English law and transferred
through CREST and will be issued by CREST Depository Limited or any successor thereto pursuant to
the global deed poll dated 25 June 2001 (as subsequently modified, supplemented and/or restated).
Please refer to the section headed "Clearing Arrangements" for more information.
6

Important Notices
No other person is authorised to give information on the Securities
In connection with the issue and sale of the Securities, no person is authorised by the Issuers to give
any information or to make any representation not contained in this Base Prospectus and/or the relevant
Final Terms (or, in the case of Exempt Securities, the relevant Pricing Supplement), and the Issuers do
not accept responsibility for any information or representation so given that is not contained within the
Base Prospectus and the relevant Final Terms (or, in the case of Exempt Securities, the relevant Pricing
Supplement).
The distribution of this Base Prospectus is restricted
The distribution of this Base Prospectus and the offering or sale of the Securities in certain jurisdictions
may be restricted by law. Persons into whose possession this document comes are required by the
relevant Issuer to inform themselves about, and to observe, such restrictions. For a description of
certain restrictions on offers or sales of the Securities and the distribution of this document and other
offering materials relating to the Securities, please refer to the section headed "Selling Restrictions".
United States restrictions
The Securities have not been and will not be registered under the U.S. Securities Act of 1933 (the
"Securities Act") and may not be offered or sold within the United States or to, or for the account or
benefit of, U.S. persons except in certain transactions exempt from the registration requirements of the
Securities Act and applicable state securities laws. A further description of the restrictions on offers and
sales of the Securities in the United States or to U.S. persons is set out under "Selling Restrictions" in
the Base Prospectus.
Ratings
The credit ratings of CS and CSi referred to in this Base Prospectus have been issued, for the purposes
of Regulation (EC) No 1060/2009, as amended (the "CRA Regulation"), by Standard & Poor's Credit
Market Services France SAS ("Standard & Poor's"), Fitch Ratings Ltd. ("Fitch") and Moody's Investors
Service, Inc. ("Moody's Inc."). Standard & Poor's and Fitch are both established in the EU and have
been registered in accordance with the CRA Regulation, as set out in the list of registered credit rating
agencies published on the website of the European Securities and Markets Authority ("ESMA"). Moody's
Inc. is not established in the EU and has not applied for registration under the CRA Regulation. In
general, and subject to certain exceptions (including the exception outlined below), European regulated
investors are restricted from using a credit rating for regulatory purposes if such a credit rating is not
issued by a credit rating agency established in the European Union and registered under the CRA
Regulation.
Subject to the fulfilment of the conditions set out in Article 4(3) of the CRA Regulation, a credit rating
agency established in the European Union and registered in accordance with the CRA Regulation (an
"EU CRA") may endorse (for regulatory purposes in the European Union) credit ratings issued outside
the European Union where (a) the credit rating activities resulting in the issuing of the credit rating are
undertaken in whole or in part by a credit rating agency or credit rating agencies belonging to the same
group (a "non-EU CRA"), and (b) the EU CRA has verified and is able to demonstrate on an ongoing
basis to ESMA that the conduct of the credit rating activities by the non-EU CRA resulting in the issuing
of the credit rating to be endorsed fulfils requirements which are "at least as stringent as" the
requirements of the CRA Regulation. On 15 March 2012, ESMA announced that it considers the
regulatory framework for credit rating agencies in the United States to be "as stringent as" the
requirements of the CRA Regulation. Moody's Investors Service Limited (which has been registered
under the CRA Regulation and appears on the list of registered credit rating agencies on ESMA's
website http://www.esma.europa.eu/page/List-registered-and-certified-CRAs) currently endorses credit
ratings issued by Moody's Inc. for regulatory purposes in the European Union. ESMA's website and its
content do not form part of this Base Prospectus. There can be no assurance that Moody's Investors
Service Limited will continue to endorse credit ratings issued by Moody's Inc.
CS has been issued a senior unsecured long-term debt rating of "A (Stable Outlook)" by Standard &
Poor's, a senior long-term debt rating of "A (Stable Outlook)" by Fitch and a senior long-term debt rating
of "A1 (Stable Outlook)" by Moody's Inc. CSi has been assigned senior unsecured long-term debt
ratings of "A (Stable Outlook)" by Standard & Poor's, "A (Stable Outlook)" by Fitch and "A1 (Stable
Outlook)" by Moody's Inc.
Explanation of ratings as of the date of this document:
"A (Stable Outlook)" by Standard's & Poor's: An obligor rated "A" has strong capacity to meet its
financial commitments but is somewhat more susceptible to the adverse effects of changes in
7

Important Notices
circumstances and economic conditions than obligors in higher-rated categories. The rating outlook
assesses the potential direction of a long-term credit rating over the intermediate term (typically six
months to two years), and a stable outlook means that a rating is not likely to change.
"A (Stable Outlook)" by Fitch: An "A" rating denotes expectations of low default risk. The capacity for
payment of financial commitments is considered strong. This capacity may, nevertheless, be more
vulnerable to adverse business or economic conditions than is the case for higher ratings. The rating
outlook indicates the direction a rating is likely to move over a one- to two-year period.
"A1 (Stable Outlook)" by Moody's Inc.: Obligations rated "A" are judged to be upper-medium grade and
are subject to low credit risk; the modifier "1" indicates that the obligation ranks in the higher end of its
generic rating category. A stable outlook indicates a low likelihood of a rating change over the medium
term.
ISDA Definitions
Where any interest and/or coupon amount and/or other amount payable under the Securities is
calculated by reference to an ISDA Rate, investors should consult the relevant Issuer if they require an
explanation of such ISDA Rate.
8

Summary
[Certain provisions of this summary appear in square brackets. Such information will be completed or,
where not relevant, deleted, in relation to a particular series (a "Series") of Securities and the completed
summary in relation to such Series shall be appended to the relevant Final Terms.]
SUMMARY
Summaries are made up of disclosure requirements known as "Elements". These Elements are
numbered in sections A E (A.1 E.7).
This Summary contains all the Elements required to be included in a summary for these types of
Securities and the Issuer. Because some Elements are not required to be addressed, there may be
gaps in the numbering sequence of the Elements.
Even though an Element may be required to be inserted in the summary because of the type of
Securities and Issuers, it is possible that no relevant information can be given regarding such Element.
In this case a short description of the Element is included in the summary and marked as "Not
applicable".
Section A Introduction and Warnings
A.1
Introduction and
This Summary should be read as an introduction to the Base
Warnings:
Prospectus. Any decision to invest in Securities should be based on
consideration of the Base Prospectus as a whole by the investor.
Where a claim relating to the information contained in the Base
Prospectus is brought before a court, the plaintiff investor might,
under the national legislation of the relevant Member State, have to
bear the costs of translating the Base Prospectus before the legal
proceedings are initiated.
Civil liability only attaches to those persons who have tabled the
summary including any translation thereof, but only if the summary is
misleading, inaccurate or inconsistent when read together with the
other parts of the Base Prospectus or it does not provide, when read
together with the other parts of the Base Prospectus, key information
in order to aid investors when considering whether to invest in the
Securities.
A.2
Consent(s):
[Where the Securities are to be the subject of an offer to the public
requiring the prior publication of a prospectus under the Prospectus
Directive (a "Non-exempt Offer"), the Issuer consents to the use of
the Base Prospectus by the financial intermediary/ies ("Authorised
Offeror(s)"), during the offer period and subject to the conditions, as
provided as follows:
(a)
Name and address of [Give details] [(the "Distributor[s]")]
Authorised Offeror(s):
(b)
Offer period for which An offer of the Securities will be
use
of
the
Base made in [jurisdiction] during the
Prospectus
is period from, and including, [date] to,
authorised
by
the and including,[ [time] on] [date] [Give
Authorised Offeror(s):
details]
(c)
Conditions to the use of The Base Prospectus may only be
the Base Prospectus by used by the Authorised Offeror(s) to
the
Authorised make offerings of the Securities in
Offeror(s):
the jurisdiction(s) in which the Non-
exempt Offer is to take place. [Insert
any other conditions]
9

Summary
If you intend to purchase Securities from an Authorised Offeror,
you will do so, and such offer and sale will be made, in
accordance with any terms and other arrangements in place
between such Authorised Offeror and you, including as to price
and settlement arrangements. The Issuer will not be a party to
any such arrangements and, accordingly, this Base Prospectus
does not contain any information relating to such arrangements.
The terms and conditions of such offer should be provided to
you by that Authorised Offeror at the time the offer is made.
Neither the Issuer nor any dealer has any responsibility or
liability for such information provided by that Authorised
Offeror.]
[Not applicable; the Issuer does not consent to the use of the Base
Prospectus for any subsequent resale of the Securities [by any person
other than the dealer(s)].]
Section B - Issuer
B.1
Legal and
[Credit
Suisse
AG
("CS"),
acting
through
its
commercial name
[London]/[Nassau]/[Singapore] Branch] [Credit Suisse International
of the Issuer:
("CSi")] (the "Issuer").
B.2
Domicile and legal
[CS is a Swiss bank and joint stock corporation established under
form of the Issuer,
Swiss law on 5 July 1856 and operates under Swiss law. Its
legislation under
registered head office is located at Paradeplatz 8, CH-8001,
which the Issuers
Switzerland.]
operates and
country of
[CSi is an unlimited company incorporated in England and Wales on 9
incorporation of
May 1990. CSi is an English bank regulated as an EU credit institution
Issuer:
and operates under English law. Its registered head office is located
at One Cabot Square, London E14 4QJ.]
B.4b
Known trends with Not applicable - there are no known trends, uncertainties, demands,
respect to the
commitments or events that are reasonably likely to have a material
Issuer and the
effect on the prospects of the Issuer for its current financial year.
industries in
which it operates:
B.5
Description of
[CS is a wholly owned subsidiary of Credit Suisse Group AG. CS has
group and Issuers' a number of subsidiaries in various jurisdictions.]
position within the
group:
[The shareholders of CSi are Credit Suisse AG (which holds CSi's
ordinary shares through Credit Suisse AG (Zürich Stammhaus) and
Credit Suisse AG, Guernsey Branch), Credit Suisse Group AG and
Credit Suisse PSL GmbH. CSi has a number of subsidiaries.]
[Insert the following if the Issuer is CSi:
A summary organisation chart is set out below:
10