New Issue: Credit Suisse sells $7.22 million digital plus barrier notes on Russell, Dow, Nasdaq

By William Gullotti

Buffalo, N.Y., July 8 – Credit Suisse AG, London Branch priced $7.22 million of 0% digital plus barrier notes due July 1, 2027 linked to the lowest performing of the Russell 2000 index, the Dow Jones industrial average and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus the greater of any gain of the laggard index and 79%.

If any index falls but not by more than 20%, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the worst performer from its initial level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital plus barrier notes
Underlying indexes:	Russell 2000 index, Dow Jones industrial average, Nasdaq-100 index
Amount:	$7,222,000
Maturity:	July 1, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains or finishes flat, par plus greater of return of laggard index and 79%; if laggard index falls by up to 20%, par; otherwise, par plus the return of the least performing index with full exposure to decline
Initial levels:	1,738.841 for Russell, 30,946.99 for Dow, 11,637.77 for Nasdaq
Knock-in levels:	1,391.0728 for Russell, 24,757.592 for Dow, 9,310.216 for Nasdaq; 80% of initial levels
Pricing date:	June 28
Settlement date:	July 1
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.75%
Cusip:	22553QAH0

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