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Published on 11/3/2016 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $1.26 million of digital buffered notes on Russell

By Devika Patel

Knoxville, Tenn., Nov. 3 – Credit Suisse AG, London Branch, priced $1.26 million of 0% digital buffered notes due April 30, 2020 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of the index is greater than or equal to its initial level, or declines by up to 20%, the payout will be par plus 18%. Otherwise, investors will lose 1% for every 1% that the index declines beyond 20%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Digital buffered notes
Underlying index:Russell 2000
Amount:$1,262,000
Maturity:April 30, 2020
Coupon:0%
Price:Par
Payout at maturity:If final level of index is greater than or equal to initial level, or declines by up to 20%, par plus 18%; otherwise, 1% loss for every 1% that index declines beyond 20%
Initial index level:1,204.749
Pricing date:Oct. 26
Settlement date:Oct. 31
Agent:Credit Suisse Securities (USA) LLC
Fees:3.25%
Cusip:22548QKA2

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