New Issue: Credit Suisse prices $4.94 million digital barrier notes linked to Euro Stoxx, Russell

By Angela McDaniels

Tacoma, Wash., May 15 – Credit Suisse AG, London Branch priced $4.94 million of 0% digital barrier notes due July 16, 2018 linked to the lesser performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

A knock-out event will occur if either index closes at or below its knock-in level, 64.5% of its initial level, during the life of the notes.

If a knock-in event does not occur, the payout at maturity will be par plus 7.05%. If a knock-out event does occur, investors will receive par plus the return of the lesser-performing index, subject to a maximum payout of par.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying indexes:	Euro Stoxx 50 and Russell 2000
Amount:	$4,937,000
Maturity:	July 16, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If each index’s closing level remains above knock-in level throughout life of notes, par plus 7.05%; otherwise, par plus lesser of zero and lesser-performing index’s return
Initial index levels:	1,382.770 for Russell 2000 and 3,637.52 for Euro Stoxx 50
Knock-in levels:	891.88665 for Russell 2000 and 2,346.2004 for Euro Stoxx 50; 64.5% of initial levels
Pricing date:	May 12
Settlement date:	May 16
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.46%
Cusip:	22550B4B6

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