New Issue: Credit Suisse increases digital plus barrier notes linked to iShares MSCI EM to $784,000

By Angela McDaniels

Tacoma, Wash., June 17 – Credit Suisse AG, London Branch increased the issue size of its 0% digital plus barrier notes due June 17, 2022 linked to the iShares MSCI Emerging Markets exchange-traded fund to $784,000 from $625,000, according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is greater than the knock-in level, 70% of the initial share price, the payout at maturity will be par plus the greater of the ETF return and 40%.

If the final share price is less than or equal to the knock-in level, investors will be fully exposed to the ETF’s decline from its initial share price.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Digital plus barrier notes
Underlying ETF:	iShares MSCI Emerging Markets
Amount:	$784,000, increased from $625,000
Maturity:	June 17, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If final share price is greater than knock-in level, par plus greater of ETF return and 40%; if final share price is less than or equal to knock-in level, full exposure to ETF’s decline from initial share price
Initial share price:	$33.54
Knock-in level:	$23.478, 70% of initial level
Pricing date:	June 10
Settlement date:	June 17
Agent:	Credit Suisse Securities (USA) LLC
Fees:	3.7%
Cusip:	22548Q6X8

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