New Issue: Credit Suisse prices $1.11 million digital barrier notes on index, ETF

By Sarah Lizee

Olympia, Wash., Aug. 29 – Credit Suisse AG, London Branch priced $1.11 million of 0% digital barrier notes due March 2, 2020 linked to the lesser performing of the iShares MSCI Emerging Markets exchange-traded fund and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying finishes at or above its 75% knock-in level, the payout at maturity will be par plus the fixed return of 11.5%.

Otherwise, investors will be fully exposed to any losses of the worse performing asset.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlyings:	Euro Stoxx 50 index, iShares MSCI Emerging Markets ETF
Amount:	$1,108,000
Maturity:	March 2, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlying finishes at or above its knock-in level, par plus 11.5%; otherwise, full exposure to any losses of the worse performing asset
Initial levels:	3,427.44 for index, $43.37 for ETF
Knock-in levels:	2,570.58 for index, $32.5275 for ETF; 75% of initial levels
Pricing date:	Aug. 24
Settlement date:	Aug. 31
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.5%
Cusip:	22551L3D0

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