New Issue: Credit Suisse sells $2.12 million digital barrier notes tied to Russell, Stoxx

By Wendy Van Sickle

Columbus, Ohio, July 21 – Credit Suisse AG, London Branch priced $2.12 million of 0% digital barrier notes due Aug. 23, 2018 linked to the least performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index never closes its 70% knock-in level during the life of the notes, the payout will be par plus the fixed return of 9.15%.

Otherwise, investors will be fully exposed to the decline 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:	Euro Stoxx 50, Russell 2000
Amount:	$2,122,000
Maturity:	Aug. 23, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If each index never closes its 70% knock-in level, par plus 9.15%; otherwise, full exposure to losses of worse performing index
Initial levels:	1,441.762 for Russell, 3,500.28 for Stoxx
Knock-in levels:	1,009.2334 for Russell, 2,450.196 for Stoxx; 70% of initial levels
Pricing date:	July 19
Settlement date:	July 24
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.43%
Cusip:	22550BCZ4

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