Obligation Swiss Credit 3.3% ( XS2472392864 ) en CNY

Swiss Credit

100 % ⇌

Suisse

XS2472392864 ( en CNY )

3.3% par an ( paiement annuel )

15/06/2025

Prospectus brochure de l'obligation Credit Suisse XS2472392864 en CNY 3.3%, échéance 15/06/2025

15/06/2025 ( Dans 23 jours )

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 CNY, avec le code ISIN XS2472392864, paye un coupon de 3.3% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 15/06/2025

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 8 June 2022
Credit Suisse AG, London Branch
Legal Entity Identifier (LEI): ANGGYXNX0JLX3X63JN86
CNY 120,000,000 Yield Securities due June 2025
(the "Securities")
Series: SPLB2022-4431
ISIN: XS2472392864
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
- 1 -

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 as supplemented on 20 July
2021, 5 August 2021, 29 October 2021, 12 November 2021, 22 December 2021, 31 January 2022, 17
February 2022, 29 March 2022, 11 May 2022 and 20 May 2022 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:
SPLB2022-4431
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 120,000,000

(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:
8 June 2022
14.
Maturity Date:
The final Interest Payment Date
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:
3.30 per cent. per annum

(ii)
Interest
Commencement 8 June 2022
Date:

(iii)
Interest Payment Date(s):
The 15th day of each calendar month in each year
during the period commencing on, and including, 15
July 2022, and ending on, and including, 15 June 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

(ix)
Trade Date:
30 May 2022
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
- 3 -

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
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
- 4 -

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

(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:
30 May 2022
52.
Interest
and
Currency
Rate Applicable
Additional Disruption Event:

Trade Date:
30 May 2022
53.
Dividend Adjusted Performance:
Not Applicable
- 5 -

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
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
- 6 -

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:
XS2472392864

Common Code:
247239286

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
- 7 -

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:
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
- 8 -

PART B OTHER INFORMATION
Fixed Rate Securities only YIELD
Indication of yield:
3.30 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 1.50 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 119,976,000
(iii)
Estimated total expenses:
CNY 24,000
RATING

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

- 9 -

Signed on behalf of the Issuer:

By: ______________________
Duly authorised

By: ______________________
Duly authorised

359170136(Ver4)/Ashurst(TRCHEO)/FY
- 10 -