New Issue: Credit Suisse prices $1.96 million digital barrier notes tied to indexes, ETF

By Wendy Van Sickle

Columbus, Ohio, Oct. 19 – Credit Suisse AG, London Branch priced $1.96 million of 0% digital barrier notes due Nov. 14, 2019 linked to the least performing of the VanEck Vectors Gold Miners ETF, the iShares MSCI Emerging Markets exchange-traded fund and the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying finishes at or above its 60% knock-in level every day during the life of the notes, the payout at maturity will be par plus the fixed return of 10%.

Otherwise, investors will receive the lesser of par and any losses of the worst performing asset.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlyings:	Euro Stoxx Banks index, iShares MSCI Emerging Markets ETF, VanEck Vectors Gold Miners ETF
Amount:	$1,959,000
Maturity:	Nov. 14, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlying closes at or above its knock-in level every day during life of notes, par plus 10%; otherwise, lesser of par and any losses of the worst performing asset
Initial levels:	104.28 for index, $40.75 for Emerging Markets, $18.39 for Gold Miners
Knock-in levels:	62.568 for index, $24.45 for Emerging Markets, $11.034 for Gold Miners; 60% of initial levels
Pricing date:	Oct. 9
Settlement date:	Oct. 12
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.558%
Cusip:	22551LCZ1

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