Credit Suisse plans two-year digital buffered notes linked to Euro Stoxx 50

By Devika Patel

Knoxville, Tenn., Feb. 25 – Credit Suisse AG, London branch plans to price 0% digital buffered notes due Oct. 2, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level or falls by up to 20%, the payout at maturity will be par of $1,000 plus the fixed payment percentage, which is expected to be 18.5% to 21.5% and will be set at pricing. Otherwise, investors will lose 1% for every 1% that the index declines beyond 20%.

Credit Suisse is the agent.

The notes (Cusip: 22546VXL5) are expected to price March 29 and settle March 31.

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