New Issue: Credit Suisse prices $405,000 of digital buffered notes on S&P, Russell

By Devika Patel

Knoxville, Tenn., Feb. 10 – Credit Suisse AG, London Branch priced $405,000 of 0% digital buffered notes due Feb. 8, 2018 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of the lesser-performing index is greater than or equal to its initial level, the payout at maturity will be par plus 23%. If final level of the lesser-performing index is less than its initial level by not more than 10%, the payout will be par. Otherwise, investors will lose 1% for every 1% that the lesser-performing index declines beyond 10%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital buffered notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$405,000
Maturity:	Feb. 8, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of lesser-performing index is greater than or equal to initial level, par plus 23%; if final level of lesser-performing index is less than initial level by not more than 10%, par; otherwise, 1% loss for every 1% that lesser-performing index declines beyond 10%
Initial index levels:	1,880.05 for S&P 500 and 985.618 for Russell 2000
Pricing date:	Feb. 5
Settlement date:	Feb. 10
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.8%
Cusip:	22546VWR3

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