Credit Suisse plans digital barrier notes linked to S&P 500, Russell

By Susanna Moon

Chicago, Jan. 18 – Credit Suisse AG, London Branch plans to price digital barrier notes due March 1, 2018 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above the 70% knock-in level, the payout at maturity will be par plus the fixed payment of 6.75%. The exact digital return will be set at pricing.

Otherwise, investors will be fully exposed to any losses of the worse performing index.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on Jan. 25 and settle on Jan. 30.

The Cusip number is 22548QT47.

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