New Issue: Credit Suisse sells $289,000 digital barrier notes on index, fund

By Kiku Steinfeld

Chicago, Nov. 29 – Credit Suisse AG, London Branch priced $289,000 of 0% digital barrier notes due Sept. 30, 2024 linked to the Euro Stoxx 50 index and the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying asset finishes above its 70% knock-in level, the payout at maturity will be par plus the fixed return of 27%.

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.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying assets:	Euro Stoxx 50 index and iShares MSCI Emerging Markets ETF
Amount:	$289,000
Maturity:	Sept. 30, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each asset finishes above knock-in level, par plus 27%; otherwise, par plus return of worse performing asset with full exposure to losses
Initial levels:	3867.73 for Stoxx and $45.05 for fund
Knock-in levels:	2707.411 for Stoxx and $31.535 for fund; 70% of initial levels
Pricing date:	March 25
Settlement date:	March 30
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.818%
Cusip:	22553PP29

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