New Issue: Credit Suisse prices $14.36 million digital buffered notes on S&P 500

By Marisa Wong

Los Angeles, July 21 – Credit Suisse AG, London Branch priced $14,355,000 of 0% digital buffered notes due July 22, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above 85% of its initial level, the payout at maturity will be par plus 13.76%.

Otherwise, investors will lose 1.17647% for each 1% decline beyond 15%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital buffered notes
Underlying index:	S&P 500
Amount:	$14,355,000
Maturity:	July 22, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above 85% of initial level, par plus 13.76%; otherwise, 1.17647% loss for each 1% decline beyond 15%
Initial level:	3,226.56
Pricing date:	July 15
Settlement date:	July 22
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22552WBS3

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