Credit Suisse to price digital buffered notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., July 29 – Credit Suisse AG, London Branch plans to price 0% digital buffered notes due March 2, 2020 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is at least 80% of the initial index level, the payout at maturity will be par plus the fixed payment percentage, which is expected to be 17.5% to 20.5% and will be set at pricing. Otherwise, investors will lose 1% for every 1% that the index declines beyond 20%.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price Aug. 26.

The Cusip number is 22548QD85.

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