New Issue: Credit Suisse prices $175,000 digital buffered notes on Russell 2000

By Tali Rackner

Minneapolis, Feb. 12 – Credit Suisse AG, London Branch priced $175,000 of 0% digital buffered notes due July 29, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 80% buffer level, the payout at maturity will be par plus the fixed payment of 15%.

Otherwise, investors will lose 1% for each 1% decline beyond the 20% buffer.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital buffered notes
Underlying index:	Russell 2000 index
Amount:	$175,000
Maturity:	July 29, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the index gains, finishes flat or falls by up to 20%, par plus 15%; otherwise, 1% loss for each 1% decline beyond the 20% buffer
Initial index level:	1,608,058
Buffer level:	1,286.4464, 80% of initial level
Pricing date:	Jan. 26
Settlement date:	Jan. 31
Agent:	Credit Suisse Securities (USA) LLC
Fees:	3.25%
Cusip:	22550W2V8

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