$21,113,360 Auto-Callable Contingent Income Securities All Payments on the Securities Subject to the Coupon Barrier and Downside Threshold Features Based on the Performance of the Common Stock of The Boeing Company due November 18, 2022, priced on November 15, 2019, were issued by Credit Suisse AG. The pricing supplement for this note (CUSIP: 22550K624) can be found here. The notes had a $10 face value and paid a quarterly coupon of $0.25375, so long as the notes had not been called and and Boeing all closed above 70% of their November 15, 2019 closing prices on a determination date. If and Boeing closed below 70% of their November 15, 2019 closing prices on a determination date, the notes did not pay a coupon. If not previously called, at maturity, the notes returned $10 in principal if and Boeing all closed on the final determination date on November 15, 2022 and above 70% of their November 15, 2019 closing prices. If on November 15, 2022 and Boeing closed below 70% of their November 15, 2019 closing prices, the notes paid reduced principal euqal to $10 multiplied by the lowest ratio of and Boeing November 15, 2022 closing prices to their November 15, 2019 closing prices. The notes have matured. They paid one coupon totaling $0.25375 and $4.59 repayment per $10 note. Investors thus suffered capital losses of $5.41 and net losses of $5.16.† In the aggregate, investors in this note suffered $11,429,776 in capital losses and $10,894,025 in net losses. See Table 1 and Figure 1.
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