Obligation Swiss Credit 0% ( XS1970607864 ) en ZAR

Swiss Credit

100 % ⇌

Suisse

XS1970607864 ( en ZAR )

30/04/2034

Prospectus brochure de l'obligation Credit Suisse XS1970607864 en ZAR 0%, échéance 30/04/2034

20 000 ZAR

1 850 000 000 ZAR

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 ZAR, avec le code ISIN XS1970607864, paye un coupon de 0% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 30/04/2034

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 Retail Investor"). For these purposes, an
EEA 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 ("MiFID II"); (ii) a customer within the meaning of the Insurance
Mediation Directive (Directive 2002/92/EC (as amended)) ("IMD"), 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 Directive 2003/71/EC (as amended, the "Prospectus Directive"). 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 EEA Retail Investors has
been prepared and therefore offering or selling the Securities or otherwise making them available to
any EEA Retail Investor may be unlawful under the PRIIPs Regulation.

Final Terms dated 30 April 2019
Credit Suisse AG, London Branch
ZAR 200,000,000 Callable Securities due April 2034 (the "Securities")
Series: SPLB2019-4119
ISIN: XS1970607864
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 20 July 2018, as supplemented on 8 August 2018, 31 August 2018, 7
November 2018, 17 December 2018, 22 February 2019, 7 March 2019, 2 April 2019 and 12 April 2019
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 the Luxembourg Stock Exchange (www.bourse.lu).
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1.
Series Number:
SPLB2019-4119
2.
Tranche Number:
Not Applicable
3.
Applicable General Terms and General Note Conditions
Conditions:
4.
Type of Security:
Callable Securities
5.
Settlement Currency:
South African Rand ("ZAR")
6.
Institutional:
Applicable
PROVISIONS RELATING TO NOTES Applicable
AND CERTIFICATES
7.
Aggregate Nominal Amount:

(i)
Series:
ZAR 200,000,000

(ii)
Tranche:
Not Applicable
8.
Issue Price:
93.33 per cent. of the 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:
30 April 2019
14.
Maturity Date:
30 April 2034
15.
Coupon Basis:
Not Applicable
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 Not Applicable
Note Condition 4 or General
Certificate Condition 4):
30.
Floating Rate Provisions (General Not Applicable
Note Condition 4 or General
- 2 -

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: 370.0049 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
- 3 -

47.
Call Option:
Applicable

(i)
Optional Redemption
As specified in the table below
Date(s):

(ii)
Optional Redemption
Not Applicable
Exercise Date(s):

(iii)
Optional Redemption
In respect of an Optional Redemption Date, as
Amount:
specified in the table below

Optional Redemption Daten
Optional Redemption Amountn

30 April 2021
119.0587 per cent. of the Nominal Amount

30 July 2021
121.6833 per cent. of the Nominal Amount

30 October 2021
124.3659 per cent. of the Nominal Amount

30 January 2022
127.1076 per cent. of the Nominal Amount

30 April 2022
129.9097 per cent. of the Nominal Amount

30 July 2022
132.7736 per cent. of the Nominal Amount

30 October 2022
135.7006 per cent. of the Nominal Amount

30 January 2023
138.6921 per cent. of the Nominal Amount

30 April 2023
141.7496 per cent. of the Nominal Amount

30 July 2023
144.8746 per cent. of the Nominal Amount

30 October 2023
148.0683 per cent. of the Nominal Amount

30 January 2024
151.3326 per cent. of the Nominal Amount

30 April 2024
154.6687 per cent. of the Nominal Amount

30 July 2024
158.0784 per cent. of the Nominal Amount

30 October 2024
161.5633 per cent. of the Nominal Amount

30 January 2025
165.1250 per cent. of the Nominal Amount

30 April 2025
168.7652 per cent. of the Nominal Amount

30 July 2025
172.4857 per cent. of the Nominal Amount

30 October 2025
176.2882 per cent. of the Nominal Amount

30 January 2026
180.1745 per cent. of the Nominal Amount

30 April 2026
184.1465 per cent. of the Nominal Amount

30 July 2026
188.2061 per cent. of the Nominal Amount
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30 October 2026
192.3551 per cent. of the Nominal Amount

30 January 2027
196.5956 per cent. of the Nominal Amount

30 April 2027
200.9296 per cent. of the Nominal Amount

30 July 2027
205.3592 per cent. of the Nominal Amount

30 October 2027
209.8864 per cent. of the Nominal Amount

30 January 2028
214.5134 per cent. of the Nominal Amount

30 April 2028
219.2424 per cent. of the Nominal Amount

30 July 2028
224.0756 per cent. of the Nominal Amount

30 October 2028
229.0154 per cent. of the Nominal Amount

30 January 2029
234.0641 per cent. of the Nominal Amount

30 April 2029
239.2241 per cent. of the Nominal Amount

30 July 2029
244.4979 per cent. of the Nominal Amount

30 October 2029
249.8879 per cent. of the Nominal Amount

30 January 2030
255.3967 per cent. of the Nominal Amount

30 April 2030
261.0270 per cent. of the Nominal Amount

30 July 2030
266.7814 per cent. of the Nominal Amount

30 October 2030
272.6627 per cent. of the Nominal Amount

30 January 2031
278.6736 per cent. of the Nominal Amount

30 April 2031
284.8170 per cent. of the Nominal Amount

30 July 2031
291.0959 per cent. of the Nominal Amount

30 October 2031
297.5132 per cent. of the Nominal Amount

30 January 2032
304.0719 per cent. of the Nominal Amount

30 April 2032
310.7753 per cent. of the Nominal Amount

30 July 2032
317.6264 per cent. of the Nominal Amount

30 October 2032
324.6285 per cent. of the Nominal Amount

30 January 2033
331.7851 per cent. of the Nominal Amount

30 April 2033
339.0993 per cent. of the Nominal Amount

30 July 2033
346.5749 per cent. of the Nominal Amount

30 October 2033
354.2152 per cent. of the Nominal Amount
- 5 -

30 January 2034
362.0240 per cent. of the Nominal Amount

(iv)
If redeemable in part:
Not Applicable

(a)
Minimum Nominal
Not Applicable
Amount
to be
redeemed:

(b)
Maximum Nominal
Not Applicable
Amount to be
redeemed:

(v)
Notice period:
Not less than 5 Business Days
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:
23 April 2019
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
- 6 -

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:

(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 and London
66.
Business Centre(s):
Johannesburg and London
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:
XS1970607864

Common Code:
197060786

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,
- 7 -

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
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.
Prohibition of Sales to EEA Retail Applicable see the cover page of these Final Terms
Investors:
- 8 -

76.
Additional Provisions:
Not Applicable
- 9 -

PART B OTHER INFORMATION
Fixed Rate Securities only YIELD
Indication of yield:
9.29 per cent. per annum for the term of the
Securities, calculated on the Issue Date on the
basis of the Issue Price.
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 7.50 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 199,885,000
(iii)
Estimated total expenses:
ZAR 115,000
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.

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