Bond Swiss Credit 7.2% ( XS1678875466 ) in ZAR

Issuer Swiss Credit
Market price 100 %  ⇌ 
Country  Switzerland
ISIN code  XS1678875466 ( in ZAR )
Interest rate 7.2% per year ( payment 1 time a year)
Maturity 15/10/2025 - Bond has expired



Prospectus brochure of the bond Credit Suisse XS1678875466 in ZAR 7.2%, expired


Minimal amount /
Total amount /
Detailed description Credit Suisse was a global investment bank and financial services company headquartered in Zurich, Switzerland, that was acquired by UBS in March 2023 following a significant financial crisis.

The Bond issued by Swiss Credit ( Switzerland ) , in ZAR, with the ISIN code XS1678875466, pays a coupon of 7.2% per year.
The coupons are paid 1 time per year and the Bond maturity is 15/10/2025







Execution Version
Final Terms dated 19 July 2018
Credit Suisse AG, London Branch
ZAR 400,000,000 Yield Securities due October 2025
(the "Tranche 3 Securities" or the "Securities")
(to be consolidated and form a single series with the issue by Credit Suisse AG, acting through
its London Branch, of (i) ZAR 200,000,000 Yield Securities due October 2025 issued on 6 June
2018 (the "Tranche 2 Securities") and (ii) ZAR 200,000,000 Yield Securities due October 2025
issued on 3 October 2017 (the "Tranche 1 Securities"))
Series: SPLB2017-4296
ISIN: XS1678875466
issued pursuant to the Trigger Redeemable and Phoenix Securities Base Prospectus
as part of the Structured Products Programme for the issuance of Notes, Certificates and
Warrants
PART A ­ CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such in the General Conditions and the Product
Conditions (as may be amended and/or supplemented up to, and including, the Issue Date) set forth in
the Base Prospectus dated 27 July 2017 as supplemented on 9 August 2017, 31 August 2017, 26
September 2017, 14 November 2017, 21 November 2017, 8 December 2017, 8 January 2018, 8
February 2018, 2 March 2018, 16 April 2018, and 15 May 2018, and by any further supplements up to,
and including, the later of the Issue Date and the date of listing of the Securities, which together
constitute a base prospectus for the purposes of Directive 2003/71/EC, as amended from time to time,
including by Directive 2010/73/EU (the "Prospectus Directive"). This document constitutes the Final
Terms of the Securities described herein for the purposes of Article 5.4 of the Prospectus Directive
and must be read in conjunction with such Base Prospectus as so supplemented. A summary of the
Securities is annexed to these Final Terms. Full information on the Issuer and the offer of the
Securities is only available on the basis of the combination of these Final Terms and the Base
Prospectus as so supplemented. Copies of the Base Prospectus and each supplement may be
obtained from the registered office of the Issuer and Agents specified herein.
These Final Terms comprise the final terms for the issue and admission to trading on the regulated
market of the Luxembourg Stock Exchange of the Securities. The Final Terms will be available for
viewing on the website of Luxembourg Stock Exchange (www.bourse.lu).
1.
Series Number:
SPLB2017-4296
2.
Tranche Number:
3 (the Tranche 3 Securities will be consolidated to
form a single series with the Tranche 1 Securities and
the Tranche 2 Securities effective on the date on
- 1 -


which the Tranche 3 Securities are admitted to trading
on the Regulated Market of the Luxembourg Stock
Exchange)
3.
Applicable
General
Terms
and
General Note Conditions
Conditions:
4.
Type of Security:
Yield Securities
5.
Settlement Currency:
South African Rand ("ZAR")
6.
Institutional:
Applicable
PROVISIONS
RELATING
TO
NOTES
Applicable
AND CERTIFICATES
7.
Aggregate Nominal Amount:
In
respect
of
the
Tranche
3
Securities:
ZAR
400,000,000
The
total
Aggregate
Nominal
Amount
of
ZAR
800,000,000 represents the total of the respective
aggregate
nominal
amounts
of
the
Tranche
1
Securities, the Tranche 2 Securities and the Tranche 3
Securities
(i)
Series:
ZAR 800,000,000
(ii)
Tranche:
Tranche 1 Securities: ZAR 200,000,000
Tranche 2 Securities: ZAR 200,000,000
Tranche 3 Securities: ZAR 400,000,000
8.
Issue Price:
In respect of the Tranche 3 Securities, 92.34 per cent.
of its Aggregate Nominal Amount
9.
Specified Denomination:
ZAR 20,000
10.
Minimum Transferable Number of
One Security (of the Specified Denomination) and,
Securities:
thereafter, integral multiples of one Security (of the
Specified Denomination)
11.
Transferable Number of Securities:
Not Applicable
12.
Minimum Trading Lot:
Not Applicable
13.
Issue Date:
Tranche 1 Securities: 3 October 2017
Tranche 2 Securities: 6 June 2018
Tranche 3 Securities: 19 July 2018
14.
Maturity Date:
15 October 2025
15.
Coupon Basis:
Applicable: Fixed Rate Provisions
- 2 -


16.
Redemption/Payment Basis:
Fixed Redemption
17.
Put/Call Options:
Not Applicable
PROVISIONS RELATING TO WARRANTS
Not Applicable
(Paragraphs 18 to 28 have been intentionally deleted)
PROVISIONS RELATING TO COUPON AMOUNTS
29.
Fixed
Rate
Provisions
(General
Applicable
Note
Condition
4
or
General
Certificate Condition 4):
(i)
Rate(s) of Interest:
As specified in the table below in respect of each
Interest Period ending on (but excluding) the relevant
Interest Payment Date
(ii)
Interest
Commencement
3 October 2017
Date:
(iii)
Interest Payment Date(s):
The 15th day of each calendar month in each year
during the period commencing on, and including, 15
October 2017, and ending on, and including, 15
October 2025
(iv)
Interest Period:
Unadjusted
(v)
Business Day Convention:
Not Applicable
(vi)
Interest
Amount(s)
per
Not Applicable
Security:
(vii)
Day Count Fraction:
30/360 (unadjusted basis)
(viii)
Determination Date(s):
Not Applicable
Interest Payment Daten
Rate of Interestn
The 15th day of each calendar
7.2 per cent. per annum
month in each year during the
period
commencing
on,
and
including, 15 October 2017, and
ending
on,
and
including,
15
October 2024
The 15th day of each calendar
7.3 per cent. per annum
month in each year during the
period
commencing
on,
and
including, 15 November 2024, and
ending
on,
and
including,
15
October 2025
30.
Floating Rate Provisions (General
Not Applicable
Note
Condition
4
or
General
- 3 -


Certificate Condition 4):
31.
Premium Provisions (General Note
Not Applicable
Condition 4 or General Certificate
Condition 4):
32.
Other Coupon Provisions (Product
Not Applicable
Condition 2):
PROVISIONS RELATING TO REDEMPTION/SETTLEMENT
33.
Redemption Amount or (in the case
Fixed Redemption
of Warrants) Settlement Amount
(Product Condition 3):
(i)
Redemption
Option
Applicable: 100 per cent.
Percentage:
(ii)
Redemption Performance:
Not Applicable
(iii)
Redemption
Amount
Not Applicable
Cap/Floor:
(iv)
Redemption Strike Price:
Not Applicable
(v)
Redemption FX Adjustment:
Not Applicable
34.
Initial Setting Date:
Not Applicable
35.
Initial Averaging Dates:
Not Applicable
36.
Final Fixing Date:
Not Applicable
37.
Averaging Dates:
Not Applicable
38.
Final Price:
Not Applicable
39.
Strike Price:
Not Applicable
40.
Knock-in Provisions:
Not Applicable
41.
Knock-out Provisions:
Not Applicable
42.
Trigger
Redemption
(Product
Not Applicable
Condition 3(c)):
43.
Lock-in Redemption:
Not Applicable
44.
Details
relating
to
Instalment
Not Applicable
Securities:
45.
Physical
Settlement
Provisions
Not Applicable
(Product Condition 4):
46.
Put Option:
Not Applicable
- 4 -


47.
Call Option:
Not Applicable
48.
Unscheduled Termination Amount:
(i)
Unscheduled Termination at
Not Applicable
Par:
(ii)
Minimum Payment Amount:
Not Applicable
(iii)
Deduction for Hedge Costs:
Applicable
49.
Payment Disruption:
Not Applicable
50.
Interest
and
Currency
Rate
Applicable
Additional Disruption Event:
­
Trade Date:
29 September 2017
UNDERLYING ASSETS
51.
List of Underlying Asset(s):
Not Applicable
52.
Equity-linked Securities:
Not Applicable
53.
Equity Index-linked Securities:
Not Applicable
54.
Commodity-linked Securities:
Not Applicable
55.
Commodity Index-linked Securities:
Not Applicable
56.
ETF-linked Securities:
Not Applicable
57.
FX-linked Securities:
Not Applicable
58.
FX Index-linked Securities:
Not Applicable
59.
Inflation Index-linked Securities:
Not Applicable
60.
Interest
Rate
Index-linked
Not Applicable
Securities:
61.
Cash Index-linked Securities:
Not Applicable
62.
Multi-Asset
Basket-linked
Not Applicable
Securities:
63.
Valuation Time:
Not Applicable
GENERAL PROVISIONS
64.
(i)
Form of Securities:
Registered Securities
(ii)
Global Security:
Applicable
(iii)
NGN Form/Held under the
Not Applicable
NSS:
- 5 -


(iv)
Intended to be held in a
No
manner which would allow
Eurosystem eligibility:
(v)
The Issuer intends to permit
Not Applicable
indirect
interests
in
the
Securities
to
be
held
through CREST Depository
Interests to be issued by
the CREST Depository:
65.
Financial Centre(s):
Johannesburg
66.
Business Centre(s):
Johannesburg
67.
Listing and Admission to Trading:
Application will be made for the Securities to be listed
on the Official List of the Luxembourg Stock Exchange
and admitted to trading on the regulated market of the
Luxembourg Stock Exchange with effect from on or
around
the
Issue
Date
provided,
however,
no
assurance can be given that such application for listing
and admission to trading will be granted (or, if granted,
will be granted by the Issue Date or any specific date
thereafter).
68.
Security
Codes
and
Ticker
Symbols:
ISIN:
XS1678875466
Common Code:
167887546
Swiss Security Number:
Not Applicable
Telekurs Ticker:
Not Applicable
WKN Number:
Not Applicable
69.
Clearing and Trading:
Clearing
System(s)
and
any
Euroclear Bank S.A./N.V. and Clearstream Banking,
relevant identification number(s):
société anonyme
70.
Delivery:
Delivery against payment
71.
Agents:
Calculation Agent:
Credit Suisse International
One Cabot Square
London E14 4QJ
Fiscal Agent:
The Bank of New York Mellon, acting through its
London Branch
One Canada Square
- 6 -


London E14 5AL
Paying Agent(s):
The Bank of New York Mellon, acting through its
London Branch
One Canada Square
London E14 5AL
Additional Agents:
Applicable
Transfer Agent:
The Bank of New York Mellon, acting through its
London Branch
One Canada Square
London E14 5AL
The Bank of New York Mellon S.A./N.V., Luxembourg
Branch
Vertigo Building ­ Polaris
2-4 rue Eugene Ruppert
L-2453 Luxembourg
Registrar:
The Bank of New York Mellon S.A./N.V., Luxembourg
Branch
Vertigo Building ­ Polaris
2-4 rue Eugene Ruppert
L-2453 Luxembourg
72.
Dealer(s):
Credit Suisse International
73.
Specified
newspaper
for
the
Not Applicable
purposes
of
notices
to
Securityholders:
74.
871(m) Securities:
The Issuer has determined that the Securities (without
regard to any other transactions) should not be treated
as transactions that are subject to U.S. withholding tax
under section 871(m).
75.
Additional Provisions:
Not Applicable
- 7 -


PART B ­ OTHER INFORMATION
Fixed Rate Securities only ­ YIELD
Indication of yield:
8.00 per cent. per annum for the term of the
Securities, calculated on the Issue Date on the
basis of the Issue Price and in respect of the
fixed rate of interest only.
Interests of Natural and Legal Persons involved in the Issue
So far as the Issuer is aware, no person involved in the issue of the Tranche 3 Securities has an
interest material to the issue, save for any fees payable to the distributors.
The Dealer will pay a fee to the distributors in connection with the issue of up to 4.00 per cent. of
the Specified Denomination per Security upfront. The Issue Price and the terms of the Securities
take into account such fee.
REASONS FOR THE ISSUE, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES
(i)
Reasons for the issue:
See "Use of Proceeds" section in the Base
Prospectus
(ii)
Estimated net proceeds:
ZAR 199,920,000.00
(iii)
Estimated total expenses:
ZAR 80,000
Rating
The Securities have been rated "A" by Fitch.
"A" 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 is by a registered rating agency established in the EU.
Signed on behalf of the Issuer:
By: ______________________
Duly authorised
By: ______________________
Duly authorised
65720025/Ashurst(WFUNG)/FY
- 8 -


SUMMARY OF THE SECURITIES
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
This Summary should be read as an introduction to the Base Prospectus.
and Warnings:
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):
Not applicable; the Issuer does not consent to the use of the Base
Prospectus for any subsequent resale of the Securities.
Section B - Issuer
B.1
Legal and
Credit
Suisse
AG
("CS"),
acting
through
its
London
Branch
commercial
(the "Issuer").
name of the
Issuer:
B.2
Domicile and
CS is a bank and joint stock corporation established under Swiss law
legal form of the
and operates under Swiss law. Its registered head office is located at
Issuer,
Paradeplatz 8, CH-8001, Switzerland.
legislation under
which the Issuer
operates and
country of
incorporation of
Issuer:
- 9 -


B.4b
Known trends
Not applicable - there are no known trends, uncertainties, demands,
with respect to
commitments or events that are reasonably likely to have a material
the Issuer and
effect on the prospects of the Issuer for its current financial year.
the industries in
which it
operates:
B.5
Description of
CS is a wholly owned subsidiary of Credit Suisse Group AG. CS has a
group and
number of subsidiaries in various jurisdictions.
Issuer's position
within the group:
B.9
Profit forecast or
Not applicable; no profit forecasts or estimates have been made by the
estimate:
Issuer.
B.10
Qualifications in
Not applicable; there were no qualifications in the audit report on
audit report on
historical financial information.
historical
financial
information:
B.12
Selected key
CS
financial
information; no
The tables below set out summary information relating to CS which is
material adverse
derived from the audited consolidated statements of operations for
change and
each of the years in the three-year period ended 31 December 2017,
description of
the audited condensed consolidated balance sheets of CS as of 31
significant
December 2017 and 31 December 2016, the unaudited condensed
change in
consolidated statements of operations for the three-month periods
financial position
ended 31 March 2017 and 31 March 2018 and the related unaudited
of the Issuer:
condensed consolidated balance sheets of CS as of 31 March 2018.
Summary information ­ consolidated statements of operations
In CHF million
Year ended 31 December (audited)
2017
2016
2015
Net revenues
20,965
20,393
23,811
Provision for credit losses
210
252
324
Total operating expenses
19,202
22,630
26,136
Income/(loss)
before
1,553
(2,489)
(2,649)
taxes
Income tax expense
2,781
400
488
Net income/(loss)
(1,228)
(2,889)
(3,137)
Net
income/(loss)
27
(6)
(7)
attributable
to
non-
- 10 -