New Issue: Credit Suisse sells $4.74 million digital plus index-linked notes on Euro Stoxx 50

By William Gullotti

Buffalo, N.Y., May 11 – Credit Suisse AG, London Branch priced $4.74 million of 0% digital plus index-linked notes due May 8, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial level, the payout at maturity will be par plus the greater of the index return and the digital return amount of 34.75%.

Investors will be exposed to any losses.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital plus index-linked notes
Underlying index:	Euro Stoxx 50 index
Amount:	$4,735,000
Maturity:	May 8, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the final index level is greater than or equal to initial level, par plus the greater of index return and 34.75%; otherwise, lose 1% for every 1% decline
Initial level:	3,629.17
Pricing date:	May 6
Settlement date:	May 13
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	2%
Cusip:	22553PVB2

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