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Published on 7/28/2016 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $600,000 digital buffered notes linked to Russell 2000

By Wendy Van Sickle

Columbus, Ohio, July 28 – Credit Suisse AG, London Branch priced $600,000 of 0% digital buffered notes due Jan. 30, 2020 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is at least 80% of the initial index level, the payout at maturity will be par plus the fixed payment of 18.5%.

Otherwise, investors will lose 1% for every 1% that the index declines beyond 20%.

Credit Suisse Securities (USA) LLC and Incapital LLC are the agents.

Issuer:Credit Suisse AG, London Branch
Issue:Digital buffered notes
Underlying index:Russell 2000
Amount:$600,000
Maturity:Jan. 30, 2020
Coupon:0%
Price:Par of $1,000
Payout at maturity:If final index level is at least 80% of initial level, par plus 18.5%; otherwise, 1% loss for every 1% index declines beyond 20%
Initial index level:1,216.859
Pricing date:July 26
Settlement date:July 29
Agents:Credit Suisse Securities (USA) LLC and Incapital LLC
Fees:3.25%
Cusip:22548QC60

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