Credit Suisse plans digital barrier notes tied to EM fund, Stoxx 50

By Susanna Moon

Chicago, April 10 – Credit Suisse AG, London Branch plans to price 0% digital barrier notes due Oct. 28, 2019 linked to the lesser performing of the iShares MSCI Emerging Markets ETF and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes its 75% knock-in level, the payout at maturity will be par plus the fixed return of 13.5% to 14.5%.

Otherwise, investors will be fully exposed to any losses of the worse performing asset.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on April 20.

The Cusip number is 22550WND5.

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