Obbligazione Swiss Credit 3.05% ( XS2394881291 ) in CNY

Swiss Credit

100 CNY ⇌

Svizzera

XS2394881291 ( in CNY )

3.05% per anno ( pagato 1 volta l'anno)

15/10/2031

Prospetto opuscolo dell'obbligazione Credit Suisse XS2394881291 en CNY 3.05%, scadenza 15/10/2031

10 000 CNY

130 000 000 CNY

15/10/2026 ( In 303 giorni )

Credit Suisse è stata una grande banca svizzera, fallita nel marzo 2023 e acquisita da UBS.

Un'analisi dettagliata rivela i contorni di un'obbligazione identificata dal codice ISIN XS2394881291, emessa da Credit Suisse, un'istituzione finanziaria svizzera di rilevanza globale, storicamente una delle principali banche d'investimento e di gestione patrimoniale a livello internazionale, con sede in Svizzera, il paese di emissione di questo strumento. Questo strumento di debito è attualmente quotato sul mercato al 100% del suo valore nominale, riflettendo una valutazione alla pari. La denominazione in Valuta Cinese (CNY) espone l'investitore al rischio di cambio e offre una diversificazione valutaria, con un tasso d'interesse fisso annuo del 3.05%. La scadenza di tale obbligazione è fissata per il 15 ottobre 2031, conferendole una natura a medio-lungo termine. L'emissione complessiva ammonta a 130.000.000 di CNY, con un lotto minimo di sottoscrizione o acquisto stabilito in 10.000 CNY. La frequenza di pagamento degli interessi è annuale.

Execution Version
PROHIBITION OF SALES TO EEA RETAIL INVESTORS: The Securities are not intended to be
offered, sold or otherwise made available to and may not be offered, sold or otherwise made available
to any retail investor in the European Economic Area ("EEA"). For these purposes, retail investor means
a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive
2014/65/EU on Markets in Financial Instruments (as may be amended, varied or replaced from time to
time) ("MiFID II"); (ii) a customer within the meaning of Directive (EU) 2016/97 (the "Insurance
Distribution Directive"), where that customer would not qualify as a professional client as defined in
point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in the Prospectus
Regulation. Consequently no key information document required by Regulation (EU) No 1286/2014 (the
"PRIIPs Regulation") for offering or selling the Securities or otherwise making them available to retail
investors in the EEA has been prepared and therefore offering or selling such Securities or otherwise
making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.
PROHIBITION OF SALES TO UK RETAIL INVESTORS: The Securities are not intended to be offered,
sold or otherwise made available to and should not be offered, sold or otherwise made available to any
retail investor in the United Kingdom ("UK"). For these purposes, a retail investor means a person who
is one (or more) of: (i) a retail client, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565
as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 ("EUWA"); (ii) a
customer within the meaning of the provisions of the Financial Services and Markets Act 2000, as
amended (the "FSMA") and any rules or regulations made under the FSMA to implement Directive (EU)
2016/97, where that customer would not qualify as a professional client, as defined in point (8) of Article
2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA; or (iii) not
a qualified investor as defined in Article 2 of Regulation (EU) 2017/1129 as it forms part of domestic law
by virtue of the EUWA. Consequently no key information document required by Regulation (EU) No
1286/2014 as it forms part of domestic law by virtue of the EUWA (the "UK PRIIPs Regulation") for
offering or selling the Securities or otherwise making them available to retail investors in the UK has
been prepared and therefore offering or selling such Securities or otherwise making them available to
any retail investor in the UK may be unlawful under the UK PRIIPs Regulation.

Final Terms dated 1 November 2021
Credit Suisse AG, London Branch
Legal Entity Identifier (LEI): ANGGYXNX0JLX3X63JN86
CNY 130,000,000 Yield Securities due October 2031
(the "Securities")
Series: SPLB2021-4142
ISIN: XS2394881291
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
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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 Securities Note dated 9 July 2021, as supplemented on 3 August 2021 and by any further
supplements up to, and including, the later of the Issue Date and the date of listing of the Securities (the
"Securities Note") which, together with the Registration Document dated 11 June 2021, as
supplemented on 20 July 2021 and 5 August 2021 and by any further supplements up to, and including,
the later of the Issue Date and the date of listing of the Securities (together, the "Registration
Document"), constitutes a base prospectus for the purposes of the Prospectus Regulation (the "Base
Prospectus"). This document constitutes the Final Terms of the Securities described herein for the
purposes of Article 8(4) of the Prospectus Regulation and must be read in conjunction with such Base
Prospectus in order to obtain all the relevant information. A summary of the Securities is annexed to
these Final Terms. Copies of the documents comprising the Base Prospectus may be obtained from the
website of Credit Suisse (https://derivative.credit-suisse.com).
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 on the
website of Credit Suisse (https://derivative.credit-suisse.com) and for viewing on the website of the
Luxembourg Stock Exchange (www.bourse.lu).
1.
Series Number:
SPLB2021-4142
2.
Tranche Number:
Not Applicable
3.
Applicable General Terms and General Note Conditions
Conditions:
4.
Type of Security:
Yield Securities
5.
Settlement Currency:
Chinese Yuan ("CNY") (Offshore deliverable CNY)
6.
Institutional:
Applicable
PROVISIONS RELATING TO NOTES Applicable
AND CERTIFICATES
7.
Aggregate Nominal Amount:

(i)
Series:
CNY 130,000,000

(ii)
Tranche:
Not Applicable
8.
Issue Price:
100 per cent. of the Aggregate Nominal Amount
9.
Specified Denomination:
CNY 10,000
10.
Minimum Transferable Number of Not Applicable
Securities:
11.
Transferable Number of Securities: Not Applicable
12.
Minimum Trading Lot:
Not Applicable
- 2 -

13.
Issue Date:
1 November 2021
14.
Maturity Date:
15 October 2031
15.
Coupon Basis:
Applicable: Fixed Rate Provisions
16.
Redemption/Payment Basis:
Fixed Redemption
17.
Put/Call Options:
Not Applicable
PROVISIONS
RELATING
TO Not Applicable
WARRANTS
(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 1 November 2021
Date:

(iii)
Interest Payment Date(s):
The 15th day of each calendar month in each year
during the period commencing on, and including, 15
November 2021, and ending on, and including, 15
October 2031

(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

(ix)
Trade Date:
25 October 2021

Interest Payment Daten
Rate of Interestn

The 15th day of each calendar 3.05 per cent. per annum
month in each year during the
period
commencing
on,
and
including, 15 November 2021, and
- 3 -

ending on, and including, 15
October 2026

The 15th day of each calendar 2.95 per cent. per annum
month in each year during the
period
commencing
on,
and
including, 15 November 2026, and
ending on, and including, 15
October 2031
30.
Floating Rate Provisions (General Not Applicable
Note Condition 4 or General
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

(vi)
PPT:
Not Applicable

(vii)
Strike:
Not Applicable

(viii) Nth (for the purposes of Not Applicable
determining
the
Worst
Performing
Underlying
Asset):
34.
Initial Setting Date:
Not Applicable
35.
Initial Averaging Dates:
Not Applicable
36.
Final Fixing Date:
Not Applicable
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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.
Single Factor Trigger Redeemable Not Applicable
(Step-Up) / Single Factor Trigger
Redeemable (Star) / Worst of
Trigger Redeemable (Step-Up) /
Worst of Trigger Redeemable
(Star):
45.
Knock-in Put Spread:
Not Applicable
46.
Details
relating
to
Instalment Not Applicable
Securities:
47.
Physical Settlement Provisions Not Applicable
(Product Condition 4):
48.
Put Option:
Not Applicable
49.
Call Option:
Not Applicable

50.
Unscheduled Termination Amount:

(i)
Unscheduled Termination at Applicable
Par:

(ii)
Minimum Payment Amount:
Not Applicable

(iii)
Deduction for Hedge Costs:
Not Applicable
51.
Payment Disruption:
Applicable CNY Payment Disruption Provisions shall
apply: "CNY Financial Centre" shall be Hong Kong

(i)
Payment
in
Alternate Applicable
Currency:

(a)
Alternate Currency:
United States Dollar ("USD")

(b)
Equivalent
Amount A number of units of the Reference Currency for a unit
FX Rate:
of the Alternate Currency
- 5 -

(c)
Equivalent
Amount Not Applicable
FX Rate Page:

(d)
Equivalent
Amount Not Applicable
FX Rate Time:

(ii)
Payment
of
Adjusted Not Applicable
Amount:

(iii)
Reference Currency:
CNH
The Reference Jurisdiction shall be the People's
Republic of China and/or Hong Kong

(iv)
Specified Currency:
Settlement Currency

(v)
Trade Date:
25 October 2021
52.
Interest
and
Currency
Rate Applicable
Additional Disruption Event:

Trade Date:
25 October 2021
53.
Dividend Adjusted Performance:
Not Applicable
UNDERLYING ASSETS
54.
List of Underlying Asset(s):
Not Applicable
55.
Equity-linked Securities:
Not Applicable
56.
Index-linked Securities:
Not Applicable
57.
Commodity-linked Securities:
Not Applicable
58.
Commodity Index-linked Securities: Not Applicable
59.
ETF-linked Securities:
Not Applicable
60.
ETC-linked Securities:
Not Applicable
61.
FX-linked Securities:
Not Applicable
62.
FX Index-linked Securities:
Not Applicable
63.
Inflation Index-linked Securities:
Not Applicable
64.
Interest
Rate
Index-linked Not Applicable
Securities:
65.
Cash Index-linked Securities:
Not Applicable
66.
Multi-Asset
Basket-linked Not Applicable
Securities:
67.
Valuation Time:
Not Applicable
- 6 -

GENERAL PROVISIONS
68.
(i)
Form of Securities:
Registered Securities

(ii)
Global Security:
Applicable

(iii)
NGN Form/Held under the Not Applicable
NSS:

(iv)
Intended to be held in a No. Whilst the designation is specified as "no" at the
manner which would allow date of these Final Terms, should the Eurosystem
Eurosystem eligibility:
eligibility criteria be amended in the future such that
the Securities are capable of meeting them the
Securities may then be deposited with one of the
ICSDs as common safekeeper (and registered in the
name of a nominee of one of the ICSDs acting as
common safekeeper). Note that this does not
necessarily mean that the Securities will then be
recognised as eligible collateral for Eurosystem
monetary policy and intra day credit operations by the
Eurosystem at any time during their life. Such
recognition will depend upon the European Central
Bank being satisfied that Eurosystem eligibility criteria
have been met.

(v)
The Issuer intends to Not Applicable
permit indirect interests in
the Securities to be held
through CREST Depository
Interests to be issued by
the CREST Depository:
69.
Financial Centre(s):
Hong Kong
70.
Business Centre(s):
Hong Kong
71.
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).
72.
Security
Codes
and
Ticker
Symbols:

ISIN:
XS2394881291

Common Code:
239488129
- 7 -

Swiss Security Number:
Not Applicable

Telekurs Ticker:
Not Applicable

WKN Number:
Not Applicable
73.
Clearing and Trading:

Clearing
System(s)
and
any Euroclear Bank S.A./N.V. and Clearstream Banking,
relevant identification number(s):
société anonyme
74.
Delivery:
Delivery against payment
75.
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
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
76.
Dealer(s):
Credit Suisse International
77.
Specified
newspaper
for
the Not Applicable
purposes
of
notices
to
Securityholders:
- 8 -

78.
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)
79.
Prohibition of Sales to EEA Retail Applicable see the cover page of these Final Terms
Investors:

Prohibition of Sales to UK Retail Applicable see the cover page of these Final Terms
Investors:
80.
Additional
U.S.
Tax
Selling Not Applicable
Restrictions:
81.
Additional Provisions:
Not Applicable
- 9 -

PART B OTHER INFORMATION
Fixed Rate Securities only YIELD
Indication of yield:
3.05 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 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 5.00 per cent. of the
Specified Denomination per Security upfront.
REASONS FOR THE ISSUE, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES
(i)
Reasons for the issue:
See "Use of Proceeds" section in the Securities
Note
(ii)
Estimated net proceeds:
CNY 129,950,000
(iii)
Estimated total expenses:
CNY 50,000
RATING

Applicable
The Securities have been rated "A" by Fitch.
The rating is by a registered rating agency established in the EU.

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