New Issue: Credit Suisse sells $750,000 digital barrier notes on tech stocks

By Kiku Steinfeld

Chicago, March 14 – Credit Suisse AG, London Branch priced $750,000 of 0% digital barrier notes due Oct. 20, 2022 linked to worst performing of the stocks of Apple Inc., Amazon.com, Inc. and Alphabet Inc., according to a 424B2 filing with the Securities and Exchange Commission.

A knock-in event will occur if any stock finishes below its knock-in level, 75% of the initial level.

Upon maturity, investors will receive par plus the 14.15% fixed payment unless a knock-in event occurs, in which case investors will lose 1% for each 1% loss of the worse performing stock.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying stocks:	Apple Inc., Amazon.com, Inc. and Alphabet Inc.
Amount:	$750,000
Maturity:	Oct. 20, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus the 14.15% fixed payment unless a knock-in event occurs, in which case investors will lose 1% for each 1% loss of the worse performing stock
Initial levels:	$148.79 for Apple, $3,488.24 for Amazon, $2,887.47 for Alphabet
Knock-in levels:	$111.5925 for Apple, $2,616.18 for Amazon, $2,165.6025 for Alphabet; 75% of initial levels
Pricing date:	Sept. 16
Settlement date:	Sept. 21
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.65%
Cusip:	22552XVH3

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