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Published on 7/27/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $1 million digital barrier notes on Boeing, Netflix, Nvidia

By Wendy Van Sickle

Columbus, Ohio, July 27 – Credit Suisse AG, London Branch priced $1 million of 0% digital barrier notes due July 29, 2019 linked to the least performing of the common stocks of Boeing Co., Netflix, Inc. and Nvidia Corp., according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying stock finishes at or above its 65% knock-in level, the payout at maturity will be par plus the digital return of 17.25%.

Otherwise, investors will be fully exposed to the decline of the worst performing stock.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Digital barrier notes
Underlying stocks:Boeing Co., Netflix, Inc. and Nvidia Corp.
Amount:$1 million
Maturity:July 29, 2019
Coupon:0%
Price:Par
Payout at maturity:If each stock gains or falls by up to 35%, par plus 17.25%; otherwise, 1% loss per 1% decline of worst performing stock
Initial levels:$354.90 for Boeing, $361.05 for Netflix and $250.89 for Nvidia
Knock-in levels:$230.685 for Boeing, $234.6825 for Netflix and $163.0785 for Nvidia; 65% of initial levels
Pricing date:July 20
Settlement date:July 27
Agent:Credit Suisse Securities (USA) LLC
Fees:1.25%
Cusip:22550BVJ9

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