Green Bond Fact Sheet

Credit Suisse

Date: 29/05/2020

Issue date: 18-05-2020 Maturity date: 19-05-2025 Tenor: 5Issuer name

Credit Suisse London

Amount issued

EUR500m/USD541m

Country of risk

Switzerland

CBI Database

Included

Issuer type1

Financial Corporate

Bond typeSr Unsecured

Green bond framework

Link to Framework

Second party opinion

ISS-oekom

Certification Standard

Not certified

Assurance report

N/A

Certification verifier

N/AGreen bond rating

N/A☒ Energy☒ Solar☒ Onshore wind
☐ Offshore wind
☒ Geothermal☒ Hydro☐ Tidal☐ Biofuels☒ Bioenergy☐ District heating☐ Electricity grid

☒ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☒ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☒ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☒ Transport☒ Electric vehicles☐ Low emissionvehicles☐ Bus rapid transit☐ Passenger trains☒ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☒ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Water & wastewater☒ Water distribution☒ Water treatment☒ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☒ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Waste management☒ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☒ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☒ Land use & agriculture☐ Afforestation/parks☒ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☒ Sustainable agriculture☐ Adaptation & resilience☒ Other☐ Adaptation &resilience☐ ICT☒ Industry: process

Issue details
Reporting

Until funds are fully allocated Credit Suisse will publish an annual monitoring report. This
includes:- total amount of proceeds allocated- unallocated funds- qualitative and where possible, quantitative, indicators of the project’s environmental
impact
The reports will be reviewed by the Green Finance Committee, approved by the Chair andverified by an independent assurance provider in advance of publication.

Company information

Credit Suisse provides banking and financial services. This includes investment banking,private banking and asset management services serving customers worldwide.

Firsts, records andcertifications
Proceeds description

The proceeds will go towards financing or re-financing projects in the Renewable Energy(Solar), Low Carbon Buildings and Clean Transportation (Electric Vehicles) space. Theframework also covers Energy Efficiency, Conservation Finance, Sustainable Waste
Management, Sustainable Water Infrastructure and Circular Economy.
Projects that are not eligible for inclusion in green financing are those involving coal-fired
power, defense, large-scale hydropower, gambling, mining, nuclear energy, oil and gas,
palm oil, tobacco as well as wood pulp.
Eligible financial products are debt (e.g. bank loans, bonds, construction loans, warehousefacilities, bridge loans, mezzanine debt, back leverage, revolvers, corporate debt) andequity (e.g. tax, project, corporate).
The eligible categories include the following projects:- Renewable energy: wind, solar, biomass, geothermal, small-scale hydro (up to 20MW),
fuel cell, battery storage technology and related energy storage infrastructure- Energy efficiency: development or deployment of technology that reduces energy use fora given asset or targets product improvements to energy distribution- Low carbon buildings: buildings with at least Minergie, gold LEED or a very good BREEAM
rating, sustainable retrofits and smart grid investments- Conservation finance: ecosystem conservation projects, including sustainable forestry(FSC or PEFC certified), sustainable agriculture and sustainable fisheries (MSC certified)- Clean transportation: low emission transport infrastructure and public transportation,
including rail transport- Sustainable waste management: waste management, recycling and waste-to-energy
projects

- Sustainable water infrastructure: water infrastructure (e.g. flood defenses), supply andmanagement (e.g. sewage collection and treatment)- Circular economy Eco-efficient products, including upgrades to manufacturing
processes/facilities to improve resource efficiency

Climate Bonds view

Underwriters

It is great to see another big bank joining the green bond market. Financial corporates havegreat potential to scale up green finance as they provide capital in smaller increments. Thisframework covers multiple different financial instrument types spanning both the equity
and debt space. Such breadth and detail are almost unprecedented and set a good example
for peers. Also, the wide range of eligible project categories is positive, as it offers muchneeded diversity and access to capital for different borrowers.
ABN, CS, ING, Rabobank, SEB

Deal comments
Credit rating

A+(S&P)
A1 (Moody’s)A (Fitch)

Pricing summary••

Interest spread: ms + 80bps
Coupon: 0.450%

Investors summary1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign