New Issue: Credit Suisse prices $557,000 digital plus barrier notes on Euro Stoxx

By Susanna Moon

Chicago, Dec. 24 – Credit Suisse AG, London Branch priced $557,000 0% digital plus barrier notes due Dec. 28, 2021 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 its initial level, the payout at maturity will be par plus the greater of the index gain and a fixed payment of 55%.

Investors will receive par if the index falls by up to 35% and will be fully exposed to any losses if the index finishes at or below the 65% knock-in level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital plus barrier notes
Underlying index:	Euro Stoxx 50
Amount:	$557,000
Maturity:	Dec. 28, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is at least zero, par plus gain with floor of 55%; par if index falls by up to 35%; full exposure to losses if index falls by 35% or more
Initial level:	3,260.72
Trigger level:	2,119.468, 65% of initial level
Pricing date:	Dec. 18
Settlement date:	Dec. 28
Agent:	Credit Suisse Securities (USA) LLC
Fees:	3.8%
Cusip:	22546VRF5

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