New Issue: Credit Suisse sells $3.21 million capped trigger gears tied to Russell

By Sarah Lizee

Olympia, Wash., Oct. 30 – Credit Suisse AG, London Branch priced $3.21 million of 0% capped trigger gears due Oct. 29, 2021 to the Russell 2000 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 32.6%.

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. is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Capped trigger gears
Underlying index:	Russell 2000 index
Amount:	$3,212,220
Maturity:	Oct. 29, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus double any index gain, capped at 32.6%; par if index falls by up to 25% and full exposure to any losses if index finishes below downside threshold
Initial level:	1,483.821
Downside threshold:	1,112.866, 75% of initial level
Pricing date:	Oct. 26
Settlement date:	Oct. 30
Agent:	UBS Financial Services Inc.
Fees:	2.5%
Cusip:	22549R466

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