New Issue: Credit Suisse prices $1.02 million digital barrier notes on Euro Stoxx 50, EM ETF

By Marisa Wong

Morgantown, W.Va., July 5 – Credit Suisse AG, London Branch priced $1.02 million of 0% digital barrier notes due Dec. 31, 2019 linked to the lesser performing of the iShares MSCI Emerging Markets exchange-traded fund and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying finishes at or above its 75% knock-in level, the payout at maturity will be par plus the fixed return of 11.25%.

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

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlyings:	Euro Stoxx 50 index, iShares MSCI Emerging Markets ETF
Amount:	$1,017,000
Maturity:	Dec. 31, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlying finishes at or above its knock-in level, par plus 11.25%; otherwise, full exposure to any losses of the worse performing asset
Initial levels:	3,441.60 for index, $43.92 for ETF
Knock-in levels:	2,581.20 for index, $32.94 for ETF; 75% of initial levels
Pricing date:	June 22
Settlement date:	June 29
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.5%
Cusip:	22550WVU8

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