Credit Suisse to price digital barrier notes tied to Stoxx, EM fund

New York, July 31 – Credit Suisse AG, London Branch plans to price 0% digital barrier notes due March 2, 2020 linked to the lesser performing of the iShares MSCI Emerging Markets ETF and the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying asset never closes below its 75% knock-in level during the life of the notes, the payout at maturity will be par plus the fixed return of 13.25% to 14.25%. The exact fixed return will be set at pricing.

Otherwise, investors will receive par plus the return of the worse performing index or fund with full exposure to any losses.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on Aug. 24 and settle on Aug. 31.

The Cusip number is 22551L3E8

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