Credit Suisse plans digital barrier notes tied to Amazon, Facebook

By Susanna Moon

Chicago, April 11 – Credit Suisse AG, London Branch plans to price 0% digital barrier notes due April 27, 2021 linked to the lesser performing of the common stock of Amazon.com, Inc. and the class A common stock of Facebook, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If each stock finishes at or above its 75% knock-in level, the payout at maturity will be par plus the fixed return of 36%.

Otherwise, investors will be fully exposed to any losses of the worse performing asset.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on April 20.

The Cusip number is 22550WN37.

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