New Issue: Credit Suisse sells $4.75 million capped trigger gears tied to Nasdaq-100

By Wendy Van Sickle

Columbus, Ohio, July 29 – Credit Suisse AG, London Branch priced $4.75 million of 0% capped trigger gears due July 31, 2025 linked to the Nasdaq-100 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 gain of 45%.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% downside threshold level.

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

Issuer:	Credit Suisse AG, London Branch
Issue:	Capped trigger gears
Underlying index:	Nasdaq-100 index
Amount:	$4,750,700
Maturity:	July 31, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus double any index gain, capped at 45%; par if index falls by up to 25%; otherwise, lose 1% for every 1% decline of index from initial level
Initial level:	12,086.9
Downside threshold:	9,065.18; 75% of initial level
Pricing date:	July 27
Settlement date:	July 29
Agents:	UBS Financial Services Inc. and Credit Suisse Securities (USA) LLC
Fees:	2.5%
Cusip:	22552K176

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