New Issue: Credit Suisse prices $1.35 million digital barrier notes linked to S&P, Russell

By Angela McDaniels

Tacoma, Wash., Jan. 30 – Credit Suisse AG, London Branch priced $1.35 million of 0% digital barrier notes due March 1, 2018 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes above its knock-in level, 70% of its initial level, the payout at maturity will be par plus 6.75%. If either index finishes at or below its knock-in level, investors will lose 1% for every 1% that the lesser-performing index declines from its initial level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$1,345,000
Maturity:	March 1, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes above knock-in level, par plus 6.75%; if either index finishes at or below knock-in level, 1% loss for every 1% that lesser-performing index declines from initial level
Initial index levels:	2,298.37 for S&P 500 and 1,382.437 for Russell 2000
Knock-in levels:	1,608.859 for S&P 500 and 967.7059 for Russell 2000, or 70% of initial levels
Pricing date:	Jan. 25
Settlement date:	Jan. 30
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.43%
Cusip:	22548QT47

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