New Issue: Credit Suisse prices $2.79 million digital buffered notes on Russell 2000

By William Gullotti

Buffalo, N.Y., March 22 – Credit Suisse AG, London Branch priced $2.79 million 0% digital buffered notes due April 20, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above 90% of its initial level, the payout at maturity will be par plus 14.5%.

Otherwise, investors will lose 1.1111% for each 1% decline beyond the 10% buffer.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital buffered notes
Underlying index:	Russell 2000 index
Amount:	$2,791,000
Maturity:	April 20, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is at or above buffer level, par plus 14.5%; otherwise, 1.1111% loss for each 1% drop beyond buffer
Initial level:	2,065.019
Buffer level:	1,858.5171; 90% of initial level
Pricing date:	March 17
Settlement date:	March 22
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.25%
Cusip:	22553PPC7

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