New Issue: Credit Suisse sells $790,000 absolute return digital barrier notes on Energy Select SPDR

By Susanna Moon

Chicago, June 19 – Credit Suisse AG, London Branch priced $790,000 of 0% absolute return digital barrier securities due June 5, 2019 linked to the Energy Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund finishes at or above its initial level, the payout at maturity will be par plus a fixed return of 17.4%.

If the fund falls but finishes above its 80% knock-in level, the payout will be par plus the absolute value of the return.

Otherwise, investors will be fully exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Absolute return digital barrier securities
Underlying fund:	Energy Select Sector SPDR
Amount:	$790,000
Maturity:	June 5, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If fund gains, par plus 17.4%; if fund falls but finishes above knock-in level, par plus absolute return; otherwise, full exposure to any losses
Initial level:	$65.44
Knock-in level	$52.352, 80% of initial level
Pricing date:	May 31
Settlement date:	June 5
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.6%
Cusip:	22550B5U3

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