Obligation Swiss Credit 0% ( XS2152296534 ) en EUR

Swiss Credit

100 % ▲

Suisse

XS2152296534 ( en EUR )

22/12/2023 - Obligation échue

Prospectus brochure de l'obligation Credit Suisse XS2152296534 en EUR 0%, échue

100 000 EUR

25 000 000 EUR

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 EUR, avec le code ISIN XS2152296534, paye un coupon de 0% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 22/12/2023

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
Regulation (EU) 2017/1129 (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.
Listing Particulars dated 24 September 2021
CREDIT SUISSE AG, LONDON BRANCH
Legal Entity Identifier (LEI): ANGGYXNX0JLX3X63JN86
EUR 25,000,000 Zero Coupon Notes due 22 December 2023 (the "Securities")
Issued pursuant to the Structured Products Programme for the issuance of Notes, Certificates
and Warrants
Series SPLB2021-2158
(ISIN: XS2152296534)
These Listing Particulars have been prepared in respect of the Securities issued by Credit Suisse AG,
London Branch (the "Issuer" or "CS") under its Structured Products Programme for the issuance of
Notes, Warrants and Certificates (the "Programme"). These Listing Particulars are not a prospectus
published in accordance with the requirements of Regulation (EU) 2017/1129 (the "Prospectus
Regulation"). These Listing Particulars constitute a prospectus for purposes of Part IV of the
Luxembourg law on prospectus securities dated July 16, 2019.
These Listing Particulars, together with the documents incorporated by reference herein, comprise the
listing particulars approved by the Luxembourg Stock Exchange required for the listing and admission
to trading of the Securities on the Euro MTF market of the Luxembourg Stock Exchange. Full
information on the Issuer and the issue of the Securities is only available on the basis of the
combination of the provisions set out within these Listing Particulars and the information incorporated
by reference herein. These Listing Particulars are available free of charge at
https://www.bourse.lu/home.
1

Responsibility Statement: The Issuer accepts responsibility for the information given in these Listing
Particulars and confirms that, having taken all reasonable care to ensure that such is the case, the
information contained in these Listing Particulars is, to the best of its knowledge, in accordance with
the facts and does not omit anything likely to affect its import.
There has been no material change in the prospects and the financial position of the Issuer since the
date of the last financial information included in these Listing Particulars.
Consents and approvals: The Issuer has obtained all necessary consents, approvals and
authorisations in connection with the issue of the Securities. The Programme was established and
Securities are issued in accordance with the organisational guidelines and regulations of the Issuer.
No specific resolution of the Board of Directors of the Issuer is required.
No authorisation of any person to give any information other than as set out in these Listing
Particulars: No person has been authorised to give any information or to make any representation
other than as contained in these Listing Particulars in connection with the issue or sale of the
Securities and, if given or made, such information or representation must not be relied upon as having
been authorised by the Issuer or Credit Suisse International as dealer (the "Dealer").
2

CONTENTS

RISK FACTORS .......................................................................................................................... 4
INCORPORATION BY REFERENCE ......................................................................................... 5
PRICING SUPPLEMENT ............................................................................................................ 6
ANNEX ...................................................................................................................................... 25

3

RISK FACTORS
An investment in the Securities involves complex risks. Prospective investors should refer to the risk
factors set forth in the section entitled "Risk Factors" (including the introductory paragraph thereto)
contained on pages 15 to 67 (inclusive) of the Programme Memorandum set out at the Annex.
4

INCORPORATION BY REFERENCE
These Listing Particulars should be read and construed in conjunction with the documents
incorporated by reference into these Listing Particulars and each supplement (if any) to these Listing
Particulars. The information contained in the following documents is hereby incorporated by
reference into these Listing Particulars and deemed to form a part of these Listing Particulars:
(i)
the Registration Document dated 11 June 2021 as supplemented on 20 July 2021 and
05 August 2021 (the "Registration Document"), containing information in respect of the
Issuer;
(ii)
The documents which are incorporated by reference into the Registration Document; and
(iii)
The documents which are incorporated by reference into the Programme Memorandum
set out at the Annex.
Investors who have not previously reviewed the information contained in the above documents should
do so in connection with their evaluation of the Securities. Any statement contained in a document or
the relevant portion of which is incorporated by reference into these Listing Particulars, shall be
deemed to be modified or superseded for the purpose of these Listing Particulars to the extent that a
statement contained in these Listing Particulars or in any supplement to these Listing Particulars,
including any documents incorporated therein by reference, modifies or supersedes such earlier
statement. The documents incorporated by reference will be available on the Luxembourg Stock
Exchange's website (www.bourse.lu).
5

PRICING SUPPLEMENT
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
Regulation (EU) 2017/1129 (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.
Pricing Supplement dated 22 September 2021
Credit Suisse AG, London Branch
Legal Entity Identifier (LEI): ANGGYXNX0JLX3X63JN86
EUR 25,000,000 Zero Coupon Notes due 22 December 2023 (the "Securities")
issued pursuant to 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 Note Conditions, any
applicable Additional Provisions and any applicable Asset Terms for the purposes of the Securities
Document dated 27 November 2020 (the "Securities Document") which, together with the
Registration Document dated 11 June 2021, as supplemented on 20 July 2021 and 05 August 2021
and as so supplemented from time to time up to and including the Issue Date (together, the
"Registration Document"), constitutes the "Programme Memorandum". This document constitutes
the Pricing Supplement of the Securities described herein and must be read in conjunction with the
Programme Memorandum. The documents comprising the Programme Memorandum may be
available from the Issuer upon request.
This Pricing Supplement comprises the final terms for the issue of the Securities.
This Pricing Supplement does not constitute final terms for the purposes of Article 8 of Regulation
(EU) 2017/1129 (the "Prospectus Regulation"). The Issuer is not offering the Securities in any
jurisdiction in circumstances which would require a prospectus pursuant to the Prospectus Regulation.
6

Nor is any person authorised to make such an offer of the Securities on behalf of the Issuer in any
jurisdiction. In addition, no application has been made (nor is it proposed that any application will be
made) for listing of the Securities on a regulated market for the purposes of Directive 2014/65/EU on
Markets in Financial Instruments (as may be amended, varied or replaced from time to time) or on a
UK regulated market for the purposes of Regulation (EU) No 600/2014 on markets in financial
instruments as it forms part of domestic law by virtue of the EUWA.
1.
Issuer:
Credit Suisse AG
Branch: London
Branch
2. Series
Number:
SPLB2021-2158
3.
Tranche Number:
Not Applicable
4.
Applicable General Terms and General Note Conditions
Conditions:
5.
Type of Notes:
Senior Unsecured
6.
Settlement Currency:
Euro ("EUR")
7. Institutional:
Applicable

8.
Aggregate Nominal Amount:

(i)
Series:
EUR
25,000,000
(ii)
Tranche:
Not
Applicable
9. Issue
Price:
100
per
cent. of the Aggregate
Nominal Amount
10. Specified
Denomination: EUR
100,000
11. Minimum Transferable Number of Not Applicable
Securities:
12.
Issue Date:
22 September 2021
13.
Maturity Date:
22 December 2023
14. Interest
Basis:
Zero
Coupon
15.
Premium Basis:
Not Applicable
16.
Redemption/Payment Basis:
Redemption at par
17.
Put/Call Options:
Not Applicable
PROVISIONS RELATING TO INTEREST AND PREMIUM
18.
Fixed Rate Provisions (General Not Applicable
Note Condition 4):
19.
Floating Rate Provisions
Not Applicable
(General Note Condition 4):
20.
Premium Provisions (General Not Applicable
Note Condition 4):

7

PROVISIONS RELATING TO REDEMPTION
21. Redemption
Amount:
The Redemption Amount in respect of
each Security will be the Specified
Denomination
22.
Details relating to Instalment Not Applicable
Securities:
23.
Physical Settlement Provisions:
Not Applicable
24.
Call Option:
Not Applicable
25.
Put Option:
Not Applicable
26.
Unscheduled Termination

Amount:
(i)
Unscheduled
Termination
Not Applicable
at Par:
(ii)
Minimum Payment
Not Applicable
Amount:

(iii) Deduction for Hedge Applicable
Costs:
27.
Payment Disruption:
Not Applicable
28. Interest and Currency Rate Not Applicable
Additional Disruption Event:
UNDERLYING ASSETS
29.
List of Underlying Assets:
Not Applicable

ASSET TERMS
30. Equity-linked
Securities:
Not
Applicable
31.
Equity Index-linked Securities:
Not Applicable
32.
Commodity-linked Securities:
Not Applicable
33. Commodity
Index-linked
Not Applicable
Securities:
34.
ETF-linked Securities:
Not Applicable
35.
ETC-linked Securities:
Not Applicable
36. Fund-linked
Securities:
Not
Applicable
37.
FX-linked Securities:
Not Applicable
38.
FX Index-linked Securities:
Not Applicable
39.
Inflation Index-linked Securities:
Not Applicable
40.
Interest Rate Index-linked
Not Applicable
Securities:
8

41.
Cash Index-linked Securities:
Not Applicable

42. Multi-Asset
Basket-linked Not Applicable
Securities:
GENERAL PROVISIONS

43.
(i)
Form of Securities:
Bearer Securities
(ii) Global
Security:
Applicable

(iii)
Held under the NSS: Not
Applicable
(iv)
Intended to be held in a No. Whilst the designation is specified
manner which would as "no" at the date of this Pricing
allow Eurosystem
Supplement, should the 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, 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:
44.
Financial Centre(s):
London and TARGET2
45.
Business Centre(s):
London and TARGET2
46.
Listing and Admission to
Application will be made for the
Trading:
Securities to be listed on the Official
List of the Luxembourg Stock
Exchange and to be admitted to
trading on the Luxembourg Stock
Exchange's Euro MTF 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)
47.
Security Codes and Ticker
9

Symbols:
ISIN:
XS2152296534
Common
Code:
215229653

Swiss Security Number:
Not Applicable

Telekurs Ticker:
Not Applicable
WKN
Number:
Not
Applicable
48. Clearing
and
Trading:

Clearing System(s) and any Euroclear Bank S.A./N.V. and
relevant identification number(s):
Clearstream Banking, société
anonyme
49.
Delivery:
Delivery against payment
50. 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:
Not Applicable
51.
Dealer(s):
Credit Suisse International
52.
Additional steps that may only be Not Applicable
taken following approval by
Extraordinary Resolution:
53. Specified newspaper for the Not Applicable
purposes of notices to
Securityholders:
54. 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)
55.
Prohibition of Sales to EEA Applicable see the cover page of this
Retail Investors:
Pricing Supplement
56.
Prohibition of Sales to UK Retail Applicable see the cover page of this
Investors:
Pricing Supplement
57.
Additional U.S. Tax Selling Applicable see "Additional U.S. Tax
Restrictions:
Selling Restrictions" under "United
10