New Issue: Credit Suisse prices $2 million digital barrier notes on S&P 500, Euro Stoxx 50

By Marisa Wong

Madison, Wis., Aug. 29 - Credit Suisse AG, London Branch priced $2 million of 0% digital barrier notes due Sept. 1, 2015 linked to the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

A knock-in event will occur if the final level of either index is less than or equal to 70% of the initial level.

If a knock-in event does not occur, the payout at maturity will be par plus 11.5%. If a knock-in event does occur, the payout will be par plus the return of the lowest-performing index, which will be negative.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying indexes:	S&P 500 and Euro Stoxx 50
Amount:	$2 million
Maturity:	Sept. 1, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If either index finishes at or below its knock-in level, full exposure to decline of lowest-performing index; otherwise, par plus 11.5%
Initial index levels:	1,630.48 for S&P 500 and 2,749.27 for Euro Stoxx 50
Knock-in levels:	1,141.336 for S&P 500 and 1,924.489 for Euro Stoxx 50; 70% of initial levels
Pricing date:	Aug. 27
Settlement date:	Aug. 30
Agent:	Credit Suisse Securities (USA) LLC
Fees:	2%
Cusip:	22547QAD8

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