New Issue: Credit Suisse sells $9.37 million digital barrier notes on Boeing, Exxon Mobil

By Wendy Van Sickle

Columbus, Ohio, Feb. 21 – Credit Suisse AG, London Branch priced $9.37 million of 0% digital barrier notes due March 24, 2021 linked to worst performing of the common stocks of Boeing Co. and Exxon Mobil Corp., according to a 424B2 filing with the Securities and Exchange Commission.

A knock-in event will occur if either stock closes below its knock-in level, 70% of the initial level, any trading day during life of notes.

Upon maturity, investors will receive par plus the 16.5% fixed payment unless a knock-in event occurs, in which case investors will lose 1% for each 1% loss of the worse performing stock or receive par if both stocks finish at or above their initial levels.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying stocks:	Boeing Co. and Exxon Mobil Corp.
Amount:	$9,372,000
Maturity:	March 24, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus the 16.5% fixed payment unless a knock-in event occurs, in which case investors will lose 1% for each 1% loss of the worse performing stock or receive par if both stocks finish at or above their initial levels
Knock-in event:	Either stock closes below knock-in level any trading day during life of notes
Initial levels:	$338.88 for Boeing, $59.88 for Exxon Mobil
Knock-in levels:	$237.216 for Boeing, $41.916 for Exxon Mobil; 70% of initial levels
Pricing date:	Feb. 19
Settlement date:	Feb. 24
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.25%
Cusip:	22551NQE9

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