New Issue: Credit Suisse sells $2.27 million digital barrier notes on S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, Feb. 3 – Credit Suisse AG, London Branch priced $2.27 million of 0% digital barrier notes due March 5, 2018 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, 60% of its initial level.

If a knock-in event does not occur, the payout at maturity will be par plus the 5.85% fixed payment.

If a knock-in event does occur, investors will be 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 and Russell 2000
Amount:	$2,267,000
Maturity:	March 5, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 5.85% unless either index finishes at or below its knock-in level, in which case investors will share fully in the decline of the worse performing index
Initial levels:	1,361.824 for Russell, 2,278.87 for S&P 500
Knock-in levels:	817.0944 for Russell, 1,367.322 for S&P; 60% of initial levels
Pricing date:	Jan. 31
Settlement date:	Feb. 3
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.43%
Cusip:	22548QTK1

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