New Issue: Credit Suisse sells $3.21 million digital buffered notes tied to Stoxx

By Sarah Lizee

Olympia, Wash., July 19 – Credit Suisse AG, London Branch priced $3.21 million of 0% digital buffered notes due Jan. 22, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 87.5% buffer level, the payout at maturity will be the maximum settlement amount of $1,122.10 per $1,000 of notes.

Otherwise, investors will lose 1.14286% for each 1% decline beyond the 12.5% buffer.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital buffered notes
Underlying index:	Euro Stoxx 50
Amount:	$3,211,000
Maturity:	Jan. 22, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above the 87.5% buffer level, maximum settlement amount of $1,122.10 per $1,000 of notes; otherwise, 1.14286% loss for each 1% decline beyond the 12.5% buffer
Initial level:	3,457.50
Pricing date:	July 17
Settlement date:	July 24
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22550BUZ4

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