New Issue: Credit Suisse sells $1.04 million digital barrier notes tied to Stoxx 50, EM ETF

By Marisa Wong

Morgantown, W.Va., July 3 – Credit Suisse AG, London Branch priced $1.04 million of 0% digital barrier notes due Jan. 4, 2019 linked to the Euro Stoxx 50 index and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying component finishes above its 75% knock-in level, the payout at maturity will be par plus the fixed payment of 10.5%.

Otherwise, investors will lose 1% for each 1% decline of the worse performing index or fund.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying assets:	Euro Stoxx 50 index and iShares MSCI Emerging Markets ETF
Amount:	$1,041,000
Maturity:	Jan. 4, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 10.5% unless either underlying finishes at or below knock-in level, in which case par plus return of lesser performer
Initial levels:	3,543.68 for index and $41.50 for ETF
Knock-in levels:	2,657.76 for index and $31.125 for ETF; 75% of initial levels
Pricing date:	June 23
Settlement date:	June 30
Agent:	Credit Suisse Securities (USA) LLC
Fees:	2.2%
Cusip:	22550B7C1

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