New Issue: Credit Suisse prices $8.13 million trigger performance notes on S&P 500

By Jennifer Chiou

New York, Feb. 26 – Credit Suisse AG, London Branch priced $8,127,210 of 0% trigger performance securities due Feb. 28, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 150.62% of the index return.

If the index return is zero or negative and the final level is greater than or equal to the trigger level, 50% of the initial level, the payout will be par.

If the final level is less than the trigger level, investors will be fully exposed to the decline in the index from its initial level.

UBS Financial Services Inc. is the distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Trigger performance securities
Underlying index:	S&P 500
Amount:	$8,127,210
Maturity:	Feb. 28, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 150.62% of index return; if index return is zero or negative and index’s final level is equal to or greater than trigger level, par; if final level is less than trigger level, full exposure to decline in index from initial level
Initial level:	2,115.48
Trigger level:	1,057.74, 50% of initial level
Pricing date:	Feb. 24
Settlement date:	Feb. 27
Distributor:	UBS Financial Services Inc.
Fees:	5%
Cusip:	22547T696

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