New Issue: Credit Suisse sells $5.81 million digital barrier notes on S&P, Dow

By William Gullotti

Buffalo, N.Y., Dec. 9 – Credit Suisse AG, London Branch priced $5.81 million of 0% digital barrier notes due Dec. 8, 2022 linked to the lowest performing of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its 70% threshold level, the payout at maturity will be par plus 6%.

Otherwise, investors will lose 1% for every 1% decline of the lesser performing index below 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 index, Dow Jones industrial average
Amount:	$5,808,000
Maturity:	Dec. 8, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its threshold level, par plus 6%; otherwise, full exposure to decline of lesser performing index
Initial levels:	4,538.43 for S&P, 34,580.08 for Dow
Threshold levels:	3,176.901 for S&P, 24,206.056 for Dow; 70% of initial levels
Pricing date:	Dec. 3
Settlement date:	Dec. 8
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22553PAV1

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