New Issue: Credit Suisse prices $6.9 million buffered digital notes tied to S&P 500

By William Gullotti

Buffalo, N.Y., Feb. 9 – Credit Suisse AG, London Branch priced $6.9 million of 0% buffered digital notes due Feb. 22, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If index’s final level is greater than or equal to the 85% buffer level, the payout will be par plus the fixed return of 15.6%.

If the index declines by more than 15%, investors will lose 1.1765% for every 1% that the index declines beyond 15%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered digital notes
Underlying index:	S&P 500 index
Amount:	$6,904,000
Maturity:	Feb. 22, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index’s final level is greater than or equal to the 85% buffer level, par plus 15.6%; otherwise, 1.1765% loss per 1% drop beyond 15%
Initial index level:	4,500.53
Buffer level:	85% of initial level
Pricing date:	Feb. 4
Settlement date:	Feb. 11
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22553PHT9

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