New Issue: Credit Suisse prices $5.72 million digital barrier notes on S&P 500

By Tali Rackner

Norfolk, Va., Jan. 15 – Credit Suisse AG, London Branch priced $5.72 million 0% digital barrier notes due Jan. 25, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 75% knock-in level, the payout at maturity will be par plus the fixed payment of 5.7%.

Otherwise, investors will lose 1% for each 1% that the index declines from its initial level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying index:	S&P 500
Amount:	$5.72 million
Maturity:	Jan. 25, 2017
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If the index finishes at or above 75%, par plus 5.7%; otherwise, full exposure to any losses
Initial level:	1,922.03
Knock-in level:	1,441.5225, 75% of initial level
Pricing date:	Jan. 8
Settlement date:	Jan. 13
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.6%
Cusip:	22546VUG9

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