New Issue: Credit Suisse sells $9.68 million capped gears tied to Russell 2000

By Marisa Wong

Morgantown, W.Va., Jan. 4 – Credit Suisse AG, London Branch priced $9.68 million of 0% capped gears due Feb. 28, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par of $10 plus 3 times the index return, subject to a maximum gain of 13.25%.

Investors will be fully exposed to losses.

UBS Financial Services Inc. is the distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Capped gears
Underlying index:	Russell 2000
Amount:	$9,682,100
Maturity:	Feb. 28, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If the index return is greater than zero, par plus 3 times the index return, subject to maximum gain of 13.25%; full exposure to losses
Initial level:	1,544.226
Pricing date:	Dec. 26
Settlement date:	Dec. 29
Distributor:	UBS Financial Services Inc.
Fees:	2%
Cusip:	22549D681

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.