By Marisa Wong
Morgantown, W.Va., Jan. 19 – Credit Suisse AG, London Branch priced $27.04 million of 0% capped gears due Feb. 26, 2018 linked to an equally weighted basket of two indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index and the MSCI Emerging Markets index.
If the basket return is zero or positive, the payout at maturity will be par plus triple the basket return, up to a maximum gain of 18.3%.
Investors will be fully exposed to any basket decline.
UBS Financial Services Inc. is distributor.
| Issuer: | Credit Suisse AG, London Branch
|
| Issue: | Capped gears
|
| Underlying basket: | Euro Stoxx 50 index and MSCI Emerging Markets index; equally weighted
|
| Amount: | $27,037,660
|
| Maturity: | Feb. 26, 2018
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus triple any basket gain, up to a maximum gain of 18.3%; full exposure to losses
|
| Initial levels: | 3,285.04 for Euro Stoxx; 894.87 for MSCI EM
|
| Pricing date: | Jan. 17
|
| Settlement date: | Jan. 23
|
| Distributor: | UBS Financial Services Inc.
|
| Fees: | 2%
|
| Cusip: | 22549A240
|
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