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Published on 12/11/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $250,000 digital barrier notes on Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Dec. 11 – Credit Suisse AG, London Branch priced $250,000 of 0% digital barrier notes due Dec. 10, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its 80% knock-in level, the payout at maturity will be par plus the fixed return of 16.9%. Otherwise, investors will lose 1% for each 1% decline of the index from its initial level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Digital barrier notes
Underlying index:Euro Stoxx 50
Amount:$250,000
Maturity:Dec. 10, 2020
Coupon:0%
Price:Par
Payout at maturity:If index finishes above its 80% knock-in level, par plus 16.9%; otherwise, full exposure to loss
Initial level:3,045.94
Knock-in level:2,436.752; 80% of initial level
Pricing date:Dec. 6
Settlement date:Dec. 11
Agent:Credit Suisse Securities (USA) LLC
Fees:0.25%
Cusip:22551LP61

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