New Issue: Credit Suisse sells $5.41 million digital barrier notes on S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, March 7 – Credit Suisse AG, London Branch priced $5.41 million of digital barrier notes due April 6, 2017 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

A knock-in event will occur if either index finishes at or below its knock-in level, 65% of its initial level.

If a knock-in event does not occur, the payout at maturity will be par plus the fixed payment of 9%.

If a knock-in event occurs, investors will be fully exposed to the decline of the lesser-performing index.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying indexes:	S&P 500, Russell 2000
Amount:	$5,409,000
Maturity:	April 6, 2017
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus fixed payment of 9% unless either index closes below 65% of its initial level, in which case full exposure to decline of lesser-performing index
Initial level:	1,993.40 for S&P 500, 1,076.048 for Russell 2000
Knock-in level:	1,295.71 for S&P 500, 699.4312 for Russell 2000, 65% of initial levels
Pricing date:	March 3
Settlement date:	March 8
Agents:	Credit Suisse Securities (USA) LLC
Fees:	0.7%
Cusip:	22546VYE0

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