Credit Suisse plans digital buffered notes tied to S&P 500

By Susanna Moon

Chicago, June 29 – Credit Suisse AG, London branch plans to price 0% digital buffered notes due in 15 to 17 months linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above its 90% threshold level, the payout at maturity will be the maximum settlement amount of between $1,090.50 and $1,106.50 for each $1,000 principal amount.

Otherwise, investors will lose 1% for each 1% decline beyond the 10% buffer.

Credit Suisse Securities (USA) LLC is the agent.

The Cusip number is 22550WZY6

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