New Issue: Credit Suisse sells $755,930 capped buffer gears linked to S&P 500

By Marisa Wong

Morgantown, W.Va., July 12 – Credit Suisse AG, London Branch priced $755,930 of 0% capped buffer gears due Dec. 31, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, up to a maximum return of 15.25%.

Investors will receive par if the index falls by up to 10% and lose 1% for every 1% decline beyond 10%.

Credit Suisse Securities (USA) LLC and UBS Financial Services Inc. are the agents.

Issuer:	Credit Suisse AG, London Branch
Issue:	Capped buffer gears
Underlying index:	S&P 500
Amount:	$755,930
Maturity:	Dec. 31, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any index gain, capped at 15.25%; par if the index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial level:	2,723.06
Downside threshold:	2,450.75, 90% of initial level
Pricing date:	June 26
Settlement date:	June 29
Agents:	Credit Suisse Securities (USA) LLC and UBS Financial Services Inc.
Fees:	None
Cusip:	22549M681

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