By Susanna Moon
Chicago, Feb. 3 – Credit Suisse AG, London Branch priced $3 million 0% digital buffered notes due Aug. 2, 2017 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
If the fund finishes at or above its initial level, the payout at maturity will be par plus the fixed payment of 15.1%.
Investors will receive par if the fund falls by up to 25% and will lose 1.3333% for each 1% decline beyond 25%.
Credit Suisse Securities (USA) LLC is the agent.
| Issuer: | Credit Suisse AG, London Branch
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| Issue: | Digital buffered notes
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| Underlying fund: | iShares MSCI Emerging Markets ETF
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| Amount: | $3 million
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| Maturity: | Aug. 2, 2017
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If return is at least zero, par plus 15.1%; par if fund falls by up to 25%; 1.3333% loss for each 1% drop beyond 25%
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| Initial level: | $28.81
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| Pricing date: | Jan. 26
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| Settlement date: | Feb. 2
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| Agent: | Credit Suisse Securities (USA) LLC
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| Fees: | 0.25%
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| Cusip: | 22546VVH6
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