New Issue: Credit Suisse prices $61,000 digital barrier notes tied to two indexes

By Marisa Wong

Morgantown, W.Va., Sept. 9 – Credit Suisse AG, London Branch priced $61,000 of 0% digital barrier notes due Feb. 27, 2018 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

A knock-in event occurs if either underlying index finishes at or below its knock-in level, 75% of its initial level.

If a knock-in event does not occur, the payout at maturity will be par plus the fixed payment of 9.5%.

If a knock-in event occurs, investors will lose 1% for each 1% loss 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:	$61,000
Maturity:	Feb. 27, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If either index finishes at or below its knock-in level, par plus return of lesser-performing index; otherwise, par plus 9.5%
Initial levels:	2,183.87 for S&P, 1,236.769 for Russell
Knock-in levels:	1,637.9025 for S&P, 927.57675 for Russell, 75% of initial levels
Pricing date:	Sept. 2
Settlement date:	Sept. 12
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.5%
Cusip:	22548QGR0

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