Obligation Swiss Credit 0% ( US22550F4928 ) en USD

Swiss Credit

100 % ▲

Suisse

US22550F4928 ( en USD )

03/07/2024 - Obligation échue

Prospectus brochure de l'obligation Credit Suisse US22550F4928 en USD 0%, échue

1 000 USD

903 000 USD

22550F492

N/A

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 USD, avec le code ISIN US22550F4928, paye un coupon de 0% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 03/07/2024

L'Obligation émise par Swiss Credit ( Suisse ) , en USD, avec le code ISIN US22550F4928, a été notée NR par l'agence de notation Moody's.

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424B2 1 dp109496_424b2-t1613.htm FORM 424B2
June 2019
Pricing Supplement No. T1613
Registration Statement No. 333-218604-02

Dated June 28, 2019
STRUCTURED INVESTMENTS
Trigger PLUS Based on the Value of the Tokyo Stock Price Index due July 3, 2024
Trigger Performance Leveraged Upside SecuritiesSM
Principal at Risk Securities
The securities are unsecured obligations of Credit Suisse, wil pay no interest and do not guarantee any return of principal
at maturity. At maturity, if the level of the Underlying has appreciated in value from the Initial Level to the Final Level,
investors wil receive the principal amount of their investment plus leveraged upside performance of the Underlying. If the
level of the Underlying does not change or has depreciated in value but the Final Level is greater than or equal to the
Trigger Level, investors wil receive at maturity the stated principal amount of the securities. However, if the Underlying has
depreciated in value so that the Final Level is less than the Trigger Level, investors wil lose 1% for every 1% decline in
the level of the Underlying from the Initial Level to the Final Level. Under these circumstances, the Payment at Maturity wil
be significantly less than the principal amount and could be zero. Accordingly, you may lose your entire investment.
The securities are for investors who seek an equity index-based return and who are wil ing to risk their principal and forgo
current income in exchange for the potential to receive a return based on the leveraged upside performance of the
Underlying if the Final Level is greater than the Initial Level. Investors may lose their entire initial investment in the
securities. All payments on the securities, including any repayment of principal, are subject to the credit risk of
Credit Suisse.
KEY TERMS
Issuer:
Credit Suisse AG ("Credit Suisse"), acting through its London branch.
Underlying:
The Tokyo Stock Price Index. For more information on the Underlying, see "The Underlying"
herein.
Aggregate Principal
$903,000
Amount:
Principal Amount:
$10 per security. The securities are offered at a minimum investment of 100 securities at
$10 per security (representing a $1,000 investment), and integral multiples of $10 in excess
thereof.
Price to Public:
$10 per security (see "Commissions and Price to Public" below)
Payment at Maturity:
If the Final Level is greater than the Initial Level, an amount calculated as fol ows:

$10 + Leveraged Upside Payment

If the Final Level is equal to or less than the Initial Level but greater than or equal to the
Trigger Level,
$10
If the Final Level is less than the Trigger Level,

$10 × Index Performance Factor

Under these circumstances, the Payment at Maturity wil be less than the principal amount
of $10 and wil represent a loss of more than approximately 35%, and possibly al , of your
investment.

Key Terms continued on the following page
Investing in the securities involves a number of risks. See "Selected Risk Considerations" beginning on page 7 of
this pricing supplement and "Risk Factors" beginning on page PS-3 of the accompanying product supplement.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the
securities or passed upon the accuracy or the adequacy of this pricing supplement or the accompanying underlying
supplement, any product supplement, the prospectus supplement and the prospectus. Any representation to the contrary
is a criminal offense.
Commissions and
Price to Public
Underwriting Discounts and Commissions
Proceeds to
Price to Public
Issuer
Per security
$10
$0.30 (1)

$0.05(2)
$9.65
Total
$903,000
$31,605
$871,395
(1) We or one of our affiliates wil pay to Morgan Stanley Smith Barney LLC ("MSSB") discounts and commissions of $0.35
per $10 principal amount of securities, of which $0.05 per $10 principal amount of securities wil be paid as a structuring
fee. For more detailed information, please see "Supplemental Plan of Distribution (Conflicts of Interest)" in this pricing
supplement.
(2) Reflects a structuring fee payable to MSSB by Credit Suisse Securities (USA) LLC ("CSSU") or one of its affiliates of
$0.05 for each security.
The agent for this offering, CSSU, is our affiliate. For more information, see "Supplemental Plan of Distribution (Conflicts of
Interest)" in this pricing supplement.
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Credit Suisse currently estimates the value of each $10 principal amount of the securities on the Trade Date is
$9.494 (as determined by reference to our pricing models and the rate we are currently paying to borrow funds
through issuance of the securities (our "internal funding rate")). See "Selected Risk Considerations" in this
pricing supplement.
The securities are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or
any other governmental agency of the United States, Switzerland or any other jurisdiction.

Credit Suisse

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Trigger PLUS Based on the Value of the Tokyo Stock Price Index due July 3, 2024
Trigger Performance Leveraged Upside SecuritiesSM
Principal at Risk Securities
Key Terms continued from previous page:
Leveraged Upside
$10 × Leverage Factor × Index Percent Change
Payment:
Final Level Initial
Index Percent Change:

Level

Initial Level
Index Performance

Final Level

Factor:
Initial Level
Trigger Level:
1008.24, which is equal to approximately 65% of the Initial Level
Initial Level:
1551.14, which is the closing level of the Underlying on the Trade Date.
Final Level:
The closing level of the Underlying on the Valuation Date
Leverage Factor:
200%
Trade Date:
June 28, 2019
Settlement Date:
July 3, 2019 (3 business days after the Trade Date). Delivery of the securities in book-entry
form only wil be made through The Depository Trust Company.
Valuation Date:
June 28, 2024, subject to postponement as set forth in the accompanying product supplement
under "Description of the Securities--Postponement of calculation dates."
Maturity Date:
July 3, 2024, subject to postponement as set forth in the accompanying product supplement
under "Description of the Securities--Postponement of calculation dates." If the Maturity Date
is not a business day, the Redemption Amount wil be payable on the first fol owing business
day, unless that business day fal s in the next calendar month, in which case payment wil be
made on the first preceding business day.
CU
C S
U I
S P
I /
P ISIN:
22550F492 / US22550F4928
Listing:
The securities wil not be listed on any securities exchange.
Distributor:
MSSB. See "Supplemental Plan of Distribution."
Calculation Agent:
Credit Suisse International

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Trigger PLUS Based on the Value of the Tokyo Stock Price Index due July 3, 2024
Trigger Performance Leveraged Upside SecuritiesSM
Principal at Risk Securities
Additional Terms Specific to the Securities

You should read this pricing supplement together with the underlying supplement dated April 19, 2018, the product
supplement dated June 30, 2017, the prospectus supplement dated June 30, 2017 and the prospectus dated June 30,
2017, relating to our Medium-Term Notes of which these securities are a part. You may access these documents on the
SEC website at www.sec.gov as fol ows (or if such address has changed, by reviewing our filings for the relevant date on
the SEC website):

·
Underlying Supplement dated April 19, 2018:
https://www.sec.gov/Archives/edgar/data/1053092/000095010318004962/dp89590_424b2-underlying.htm

·
Product Supplement No. IB dated June 30, 2017:
http://www.sec.gov/Archives/edgar/data/1053092/000095010317006316/dp77781_424b2-ib.htm

·
Prospectus Supplement and Prospectus dated June 30, 2017:
http://www.sec.gov/Archives/edgar/data/1053092/000104746917004364/a2232566z424b2.htm

In the event the terms of the securities described in this pricing supplement differ from, or are inconsistent with, the terms
described in the underlying supplement, any product supplement, the prospectus supplement or prospectus, the terms
described in this pricing supplement wil control.

Our Central Index Key, or CIK, on the SEC website is 1053092. As used in this pricing supplement, "we," "us," or "our"
refers to Credit Suisse.

This pricing supplement, together with the documents listed above, contains the terms of the securities and supersedes al
other prior or contemporaneous oral statements as wel as any other written materials including preliminary or indicative
pricing terms, fact sheets, correspondence, trade ideas, structures for implementation, sample structures, brochures or
other educational materials of ours. We may, without the consent of the registered holder of the securities and the owner of
any beneficial interest in the securities, amend the securities to conform to its terms as set forth in this pricing supplement
and the documents listed above, and the trustee is authorized to enter into any such amendment without any such
consent. You should careful y consider, among other things, the matters set forth in "Selected Risk Considerations" in this
pricing supplement and "Risk Factors" in any accompanying product supplement, "Foreign Currency Risks" in the
accompanying prospectus, and any risk factors we describe in the combined Annual Report on Form 20-F of Credit Suisse
Group AG and us incorporated by reference therein, and any additional risk factors we describe in future filings we make
with the SEC under the Securities Exchange Act of 1934, as amended, as the securities involve risks not associated with
conventional debt securities. You should consult your investment, legal, tax, accounting and other advisors before deciding
to invest in the securities.

Prohibition of Sales to EEA Retail Investors

The securities may not be offered, sold or otherwise made available to any retail investor in the European Economic Area.
For the purposes of this provision:

(a) the expression "retail investor" means a person who is one (or more) of the fol owing:

(i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); or

(i ) a customer within the meaning of Directive 2002/92/EC, where that customer would not qualify as a

professional client as defined in point (10) of Article 4(1) of MiFID II; or

(i i) not a qualified investor as defined in Directive 2003/71/EC; and

(b) the expression "offer" includes the communication in any form and by any means of sufficient information on the terms
of the offer and the securities offered so as to enable an investor to decide to purchase or subscribe the securities.

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Trigger PLUS Based on the Value of the Tokyo Stock Price Index due July 3, 2024
Trigger Performance Leveraged Upside SecuritiesSM
Principal at Risk Securities
Investment Summary

Trigger Performance Leveraged Upside Securities

Principal at Risk Securities

The Trigger PLUS Based on the Value of the Tokyo Stock Price Index due July 3, 2024 can be used:

§ As an alternative to direct exposure to the Underlying that enhances returns for the positive performance of the
Underlying.

§ To enhance returns and potential y outperform the Underlying in a bul ish scenario.

§ To achieve similar levels of upside exposure to the Underlying as a direct investment, while using fewer dol ars by
taking advantage of the Leverage Factor.

§ Subject to the credit risk of Credit Suisse, to provide limited protection against a loss of principal in the event of a
decline of the Underlying as of the Valuation Date, but only if the Final Level is greater than or equal to the Trigger
Level.

The securities are exposed on a 1:1 basis to the negative performance of the Underlying if the Final Level is less than the
Trigger Level.

Maturity:
Approximately five years
Leverage Factor:
200% (applicable only if the Final Level is greater than the Initial Level)
Minimum Payment at Maturity: None. Investors may lose their entire initial investment in the securities.
Coupon:
None
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Trigger PLUS Based on the Value of the Tokyo Stock Price Index due July 3, 2024
Trigger Performance Leveraged Upside SecuritiesSM
Principal at Risk Securities
Key Investment Rationale

The securities offer leveraged exposure to the positive performance of the Underlying and limited protection against a loss
of principal, subject to the credit risk of Credit Suisse. At maturity, if the Underlying has appreciated in value from the Initial
Level to the Final Level, investors wil receive the principal amount of their investment plus leveraged upside performance
of the Underlying. If the Underlying has depreciated in value but the Final Level is greater than or equal to the Trigger
Level, investors wil receive the stated principal amount of their investment. However, if the Underlying has depreciated in
value so that the Final Level is less than the Trigger Level, investors wil lose 1% for every 1% decline in the level of the
Underlying from the Initial Level to the Final Level. Under these circumstances, the Payment at Maturity wil be significantly
less than the principal amount and could be zero. Investors may lose their entire initial investment in the securities.
Al payments on the securities are subject to the credit risk of Credit Suisse.

Leveraged
The securities offer investors an opportunity to capture enhanced returns for the positive
Performance
performance of the Underlying relative to a direct investment in the Underlying.

The Underlying increases in value, and, at maturity, you receive a ful return of principal as wel as
Upside Scenario
200% of the increase in the value of the Underlying. For example, if the Final Level is 10% greater
than the Initial Level, the securities wil provide a total return of 20% at maturity.

The Final Level is equal to the Initial Level or the Final Level is less than the Initial Level but greater
Par Scenario
than or equal to the Trigger Level. In this case, you receive the principal amount of $10 at maturity.

The Underlying declines in value by more than approximately 35%, and, at maturity, the securities
redeem for less than the principal amount by an amount proportionate to the decline in the value of
Downside Scenario the Underlying from the Initial Level to the Final Level. For example, if the Final Level is 40% less
than the Initial Level, the securities wil redeem at maturity for a loss of 40% of principal at $6 or
60% of the principal amount. There is no minimum Payment at Maturity on the securities, and you
could lose your entire investment.
June 2019
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Trigger PLUS Based on the Value of the Tokyo Stock Price Index due July 3, 2024
Trigger Performance Leveraged Upside SecuritiesSM
Principal at Risk Securities
How the Securities Work

The numbers appearing in the sections below have been rounded for ease of analysis.

Payoff Diagram

The payoff diagram below il ustrates the Payment at Maturity on the securities based on the fol owing terms:

Principal Amount:
$10 per security
Trigger Level:
Approximately 65% of the Initial Level (approximately -35%
change in Final Level compared with Initial Level)
Leverage Factor:
200%
Minimum Payment at Maturity:
None

Securities Payoff Diagram

See the next page for a description of how the securities work.

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Trigger PLUS Based on the Value of the Tokyo Stock Price Index due July 3, 2024
Trigger Performance Leveraged Upside SecuritiesSM
Principal at Risk Securities
How it works

§ Upside Scenario. If the Final Level is greater than the Initial Level, the investor would receive the $10 principal
amount plus 200% of the appreciation of the Underlying from the Initial Level to the Final Level.

§ If the Underlying appreciates 20% from the Initial Level to the Final Level, the investor would receive a 40% return,
or $14 per security.

§ Par Scenario. If the Final Level is equal to the Initial Level, the investor would receive the $10 principal amount.

§ If the Final Level is less than the Initial Level but greater than or equal to the Trigger Level, the investor would
receive the $10 principal amount.

§ Downside Scenario. If the Final Level is less than the Trigger Level, the investor would receive an amount that is
less than the $10 principal amount, based on a 1% loss of principal for each 1% decline in the Underlying. Under
these circumstances, the Payment at Maturity wil be less than the principal amount per security. There is no
minimum Payment at Maturity on the securities.

§ If the Underlying depreciates 40% from the Initial Level to the Final Level, the investor would lose 40% of the
investor's principal and receive only $6 per security at maturity, or 60% of the principal amount.

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Trigger PLUS Based on the Value of the Tokyo Stock Price Index due July 3, 2024
Trigger Performance Leveraged Upside SecuritiesSM
Principal at Risk Securities
Selected Risk Considerations

This section describes the most significant risks relating to the securities. For a complete list of risk factors, please see any
accompanying product supplement, prospectus and prospectus supplement. Investors should consult their financial and
legal advisers as to the risks entailed by an investment in the securities and the suitability of the securities in light of their
particular circumstances.

§ The securities do not guarantee the return of any principal. The terms of the securities differ from those of
ordinary debt securities in that the securities do not guarantee the payment of regular interest or the return of any
of the principal amount at maturity. Instead, if the Final Level is less than the Trigger Level, you wil be ful y
exposed to the decline in the Underlying over the term of the securities, and you wil receive for each security that
you hold at maturity an amount of cash that is significantly less than the Principal Amount, in proportion to the
decline in the Underlying from the Initial Level to the Final Level. Under this scenario, the value of any such
payment wil be less than approximately 65% of the Principal Amount and could be zero. You may lose up to your
entire initial investment in the securities. Any payment on the securities is subject to our ability to pay our
obligations as they become due.

§ Regardless of the amount of any payment you receive on the securities, your actual yield may be different
in real value terms. Inflation may cause the real value of any payment you receive on the securities to be less at
maturity than it is at the time you invest. An investment in the securities also represents a forgone opportunity to
invest in an alternative asset that generates a higher real return. You should careful y consider whether an
investment that may result in a return that is lower than the return on alternative investments is appropriate for you.

§ The closing level of the Underlying will not be adjusted for changes in exchange rates relative to the U.S.
Dollar even though the equity securities included in the Underlying are traded in a foreign currency and
the securities are denominated in U.S. Dollars. The value of your securities wil not be adjusted for exchange
rate fluctuations between the U.S. Dol ar and the currencies in which the equity securities included in the
Underlying are based. Therefore, if the applicable currencies appreciate or depreciate relative to the U.S. Dol ar
over the term of the securities, you wil not receive any additional payment or incur any reduction in your return, if
any, at maturity.

§ Foreign securities markets risk. Some or al of the assets included in the Underlying are issued by foreign
companies and trade in foreign securities markets. Investments in the securities therefore involve risks associated
with the securities markets in those countries, including risks of volatility in those markets, government intervention
in those markets and cross shareholdings in companies in certain countries. Also, foreign companies are general y
subject to accounting, auditing and financial reporting standards and requirements and securities trading rules
different from those applicable to U.S. reporting companies. The equity securities included in the Underlying may
be more volatile than domestic equity securities and may be subject to different political, market, economic,
exchange rate, regulatory and other risks, including changes in foreign governments, economic and fiscal policies,
currency exchange laws or other laws or restrictions. Moreover, the economies of foreign countries may differ
favorably or unfavorably from the economy of the United States in such respects as growth of gross national
product, rate of inflation, capital reinvestment, resources and self-sufficiency. These factors may adversely affect
the values of the equity securities included in the Tokyo Stock Price Index, and therefore the performance of the
Tokyo Stock Price Index and the value of the securities.

§ The securities are subject to the credit risk of Credit Suisse. Investors are dependent on our ability to pay al
amounts due on the securities and, therefore, if we were to default on our obligations, you may not receive any
amounts owed to you under the securities. In addition, any decline in our credit ratings, any adverse changes in
the market's view of our creditworthiness or any increase in our credit spreads is likely to adversely affect the value
of the securities prior to maturity.

§ The securities do not pay interest. We wil not pay interest on the securities. You may receive less at maturity
than you could have earned on ordinary interest-bearing debt securities with similar maturities, including other of
our debt securities, since the Payment at Maturity at maturity is based on the performance of the Underlying.
Because the Payment at Maturity due at maturity may be less than the amount original y invested in the securities,
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