Credit Suisse plans to price digital buffered notes tied to Stoxx 50

By Sarah Lizee

Olympia, Wash., May 14 – Credit Suisse AG, London Branch plans to price 0% digital buffered notes due in 20 to 23 months linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 87.5% buffer level, the payout at maturity will be par plus the fixed payment of 15.84%.

Otherwise, investors will lose 1% for each 1% decline beyond the 12.5% buffer.

Credit Suisse Securities (USA) LLC is the agent.

The Cusip number is 22552FE24.

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