New Issue: Credit Suisse prices $1.38 million digital plus barrier notes on Stoxx

By Susanna Moon

Chicago, March 14 – Credit Suisse AG, London Branch priced $1.38 million of 0% digital plus barrier notes due March 1, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus the greater of the return and 61.5%.

If the index falls by up to its 60% knock-in level, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital plus barrier notes
Underlying index:	Euro Stoxx 50
Amount:	$1,378,000
Maturity:	March 1, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus greater of return and 61.5%; if index falls by up to 40%, par; otherwise, 1% loss for each 1% decline
Initial index level:	3,463.18
Knock-in level:	2,077.908, 60% of initial level
Pricing date:	Feb. 26
Settlement date:	Feb. 28
Agent:	Credit Suisse Securities (USA) LLC
Fees:	3.5%
Cusip:	22550WD95

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