Credit Suisse plans 18- to 21-month digital buffered notes tied to S&P

By Susanna Moon

Chicago, March 16 – Credit Suisse AG plans to price 0% 18- to 21-month digital buffered notes linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 85% barrier level, the payout at maturity will be the maximum settlement amount of $1,090 to $1,105 for each $1,000 principal amount. The exact cap will be set at pricing.

Otherwise, investors will be exposed to any losses beyond 15%.

Credit Suisse Securities (USA) LLC is the agent.

The notes will price on March 22.

The Cusip number is 22546VZ41.

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