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Published on 4/4/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $868,000 digital plus barrier notes on Euro Stoxx

By Marisa Wong

Morgantown, W.Va., April 4 – Credit Suisse AG, London Branch priced $868,000 of 0% digital plus barrier notes due March 29, 2024 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 90%.

If the index falls but finishes at or above the 60% knock-in level, the payout will be par.

Otherwise, investors will lose 1% for each 1% index decline below the initial 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:$868,000
Maturity:March 29, 2024
Coupon:0%
Price:Par
Payout at maturity:If index finishes flat or gains, par plus 90%; if index falls but finishes at or above knock-in level, par; otherwise, 1% loss for each 1% decline
Initial index level:3,298.07
Knock-in level:1,978.842; 60% of initial level
Pricing date:March 23
Settlement date:March 29
Agent:Credit Suisse Securities (USA) LLC
Fees:3.25%
Cusip:22550WFV4

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