Credit Suisse plans to price digital plus notes tied to index basket

By Sarah Lizee

Olympia, Wash., Sept. 19 – Credit Suisse AG, London Branch plans to price 0% digital plus notes due in 24 to 27 months linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 20% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

If the basket finishes at or above its initial level, the payout at maturity will be the greater of par plus the the return and the threshold settlement amount of $1,304.80 to $1,358.40 per $1,000 of notes.

Investors will be exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent.

The Cusip number is 22551LBP4.

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