New Issue: Credit Suisse sells $5.11 million buffered digital notes on Russell Value ETF, Russell

By William Gullotti

Buffalo, N.Y., Nov. 10 – Credit Suisse AG, London Branch priced $5.11 million of 0% buffered digital notes due April 10, 2023 linked to the least performing of the iShares Russell 2000 Value ETF and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlier finishes at or above its initial level, the payout will be par plus 10.9%.

If either underlier falls by no more than 10%, the payout at maturity will be par.

Otherwise, investors will lose 1% for each 1% decline of the worst performer beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered digital notes
Underlying assets:	iShares Russell 2000 Value ETF, Russell 2000 index
Amount:	$5,112,000
Maturity:	April 10, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlier finishes at or above its initial level, par plus 10.9%; if either underlier falls by up to 10%, par; otherwise, 1% loss for each 1% decline of the worst performer beyond 10%.
Initial levels:	$176.46 for ETF, 2437.083 for Russell
Buffer levels:	$158.814 for ETF, 2193.3747 for Russell; 90% of initial levels
Pricing date:	Nov. 5
Settlement date:	Nov. 10
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.25%
Cusip:	22553P3K3

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