New Issue: Credit Suisse sells $1.66 million digital barrier notes tied to indexes

By Susanna Moon

Chicago, Jan. 26 – Credit Suisse AG, London Branch priced $1.66 million of 0% digital barrier notes due July 27, 2018 linked to the lower performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes above its knock-in level, 75% of its initial level, the payout at maturity will be par plus a fixed return of 10%.

Otherwise, investors will be exposed to any losses of the worse 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:	$1.66 million
Maturity:	July 27, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 10% unless either index finishes at or below its 75% knock-in level, in which case investors will be exposed to any losses of worse performing index
Initial levels:	2,271.31 for S&P, 1,351.848 for Russell
Knock-in levels:	1,703.4825 for S&P, 1,013.886 for Russell; 75% of initial levels
Pricing date:	Jan. 20
Settlement date:	Jan. 27
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.95%
Cusip:	22548QS30

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