New Issue: Credit Suisse sells $1.52 million digital plus barrier notes on Dow, S&P, Nasdaq

By William Gullotti

Buffalo, N.Y., June 8 – Credit Suisse AG, London Branch priced $1.52 million of 0% digital plus barrier notes due June 4, 2025 linked to the lowest performing of the Dow Jones industrial average, the S&P 500 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes flat or gains, the payout at maturity will be par plus the greater of any gain of the laggard index and 28%.

If any index falls but not by more than 25%, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the worst performer from its initial level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital plus barrier notes
Underlying indexes:	Dow Jones industrial average, S&P 500 index, Nasdaq-100 index
Amount:	$1,523,000
Maturity:	June 4, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains or finishes flat, par plus greater of return of laggard index and 28%; if laggard index falls by up to 25%, par; otherwise, par plus the return of the least performing index with full exposure to decline
Initial levels:	32,990.12 for Dow, 4,132.15 for S&P, 12,642.1 for Nasdaq
Knock-in levels:	24,742.59 for Dow, 3,099.1125 for S&P, 9,481.575 for Nasdaq; 75% of initial levels
Pricing date:	May 31
Settlement date:	June 3
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.2%
Cusip:	22553PXE4

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