New Issue: Credit Suisse prices $144,000 digital barrier notes on S&P, Euro Stoxx

By Marisa Wong

Morgantown, W.Va., March 1 – Credit Suisse AG, London Branch priced $144,000 of 0% digital barrier notes due March 30, 2018 linked to the worse performing of 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 either index closes at or below its 70% knock-in level on any day during the life of the notes.

The payout at maturity will be par plus 6.5% unless a knock-in event occurs, in which case investors will be fully exposed to the decline of the worse performing index.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying indexes:	S&P 500, Euro Stoxx 50
Amount:	$144,000
Maturity:	March 30, 2018
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 6.5% unless either index closes at or below knock-in level on any day during life of notes, in which case full exposure to decline of worse performing index
Initial levels:	2,369.75 for S&P, 3,309.30 for Euro Stoxx
Knock-in levels:	1,658.825 for S&P, 2,316.51 for Euro Stoxx; 70% of initial levels
Pricing date:	Feb. 27
Settlement date:	March 2
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.93%
Cusip:	22548QVQ5

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