New Issue: Credit Suisse sells $2.34 million digital plus barrier notes linked to Stoxx 50, EAFE ETF

By William Gullotti

Buffalo, N.Y., Sept. 24 – Credit Suisse AG, London Branch priced $2.34 million of 0% digital plus barrier notes due Sept. 22, 2027 linked to the lowest performing of the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If neither underlier finishes below its knock-in level, 75% of initial level, the payout at maturity will be the greater of par plus the return of the laggard underlier and par plus 41%.

Otherwise, investors will be fully exposed to the decline of the worst performer from its initial level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital plus barrier notes
Underlying assets:	Euro Stoxx 50 index, iShares MSCI EAFE ETF
Amount:	$2,342,000
Maturity:	Sept. 22, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlier finishes at or above knock-in level, the greater of par plus the return of the laggard underlier and par plus 41%; otherwise, lose 1% for every 1% decline of the worst performer from its initial level
Initial levels:	$80.50 for ETF, 4,130.84 for Stoxx
Knock-in levels:	$60.375 for ETF, 3,098.13 for Stoxx; 75% of initial levels
Pricing date:	Sept. 17
Settlement date:	Sept. 22
Agent:	Credit Suisse Securities (USA) LLC
Fees:	3.25%
Cusip:	22552XV75

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