New Issue: Credit Suisse prices $5 million digital barrier notes linked to Stoxx, Russell

By Wendy Van Sickle

Columbus, Ohio, Feb. 9 – Credit Suisse AG, London Branch priced $5 million of 0% digital barrier notes due April 6, 2018 linked to the lower performing of the Euro Stoxx 50 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 8% 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:	Euro Stoxx 50, Russell 2000
Amount:	$5 million
Maturity:	April 6, 2018
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 8% 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:	3,273.11 for the Euro Stoxx 50, 1,377.837 for the Russell 2000
Knock-in levels:	1,963.87 for Stoxx, 826.702 for Russell, 60% of initial levels
Pricing date:	Feb. 3
Settlement date:	Feb. 8
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.46%
Cusip:	22548QUM5

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