New Issue: Credit Suisse sells $4.93 million digital barrier notes tied to Stoxx, Russell

By Sarah Lizee

Olympia, Wash., June 10 – Credit Suisse AG, London Branch priced $4.93 million of 0% digital barrier notes due July 9, 2020 linked to the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its 65% knock-in level, the payout at maturity will be par plus the fixed return of 6%.

Otherwise, investors will receive par plus the return of the lesser-performing index with full exposure to any losses.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying indexes:	Euro Stoxx 50 and Russell 2000
Amount:	$4,929,000
Maturity:	July 9, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its 65% knock-in level, par plus 6%; otherwise, par plus the return of the lesser-performing index with full exposure to any losses
Initial levels:	1,506.793 for Russell, 3,339.95 for Stoxx
Knock-in levels:	979.41545 for Russell, 2,170.9675 for Stoxx; 65% of initial levels
Pricing date:	June 5
Settlement date:	June 10
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.43%
Cusip:	22552FG89

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