New Issue: Credit Suisse sells $651,000 digital barrier notes tied to fund, index

By Tali Rackner

Minneapolis, May 10 – Credit Suisse AG, London Branch priced $651,000 of 0% digital barrier notes due Oct. 28, 2019 linked to the iShares MSCI Emerging Markets exchange-traded fund and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying asset finishes above its 75% knock-in level, the payout at maturity will be par plus the fixed return of 15.25%.

Otherwise, investors will receive par plus the return of the lesser-performing index or fund with full exposure to any losses.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital barrier notes
Underlying assets:	Euro Stoxx 50 index and iShares MSCI Emerging Markets ETF
Amount:	$651,000
Maturity:	Oct. 28, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If each asset finishes above knock-in level, par plus 15.25%; otherwise, par plus return of lesser-performing asset with full exposure to losses
Initial levels:	$47.26 for fund and 3,494.20 for Stoxx
Knock-in levels:	$35.445 for fund and 2,620.65 for Stoxx; 75% of initial levels
Pricing date:	April 20
Settlement date:	April 27
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22550WNE3

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