New Issue: Credit Suisse prices $1.89 million digital barrier notes on two indexes

By Susanna Moon

Chicago, Dec. 24 – Credit Suisse AG, London Branch priced $1.89 million 0% digital barrier notes due June 26, 2017 linked to the S&P 500 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 initial level, the payout at maturity will be par plus the fixed payment of 9.5%.

If either index falls by up to 25%, the payout will be par.

If either index finishes at or below the 75% knock-in level, investors will be fully exposed to any losses of the worse performing index.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$1,889,000
Maturity:	June 26, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains, par plus 9.5%; if either index falls by up to 25%, par; if either index falls by more than 25%, full exposure to any losses of worse performing index
Initial levels:	2,005.55 for S&P and 1,121.0201 for Russell
Trigger levels:	1,504.1625 for S&P and 840.765 for Russell; 75% of initial levels
Pricing date:	Dec. 18
Settlement date:	Dec. 28
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.95%
Cusip:	22546VRG3

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