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Published on 1/4/2017 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $2.06 million capped trigger gears on Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Jan. 4 – Credit Suisse AG, London Branch priced $2.06 million of 0% capped trigger gears due Dec. 31, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 67.25%.

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.

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

Issuer:Credit Suisse AG, London Branch
Issue:Capped trigger gears
Underlying index:Euro Stoxx 50
Amount:$2,058,500
Maturity:Dec. 31, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 3 times any index gain, capped 67.25%; par if index declines by 25% or less; full exposure to loss if index falls beyond 25%
Initial level:3,278.72
Downside threshold:2,459.04, 75% of initial level
Pricing date:Dec. 28
Settlement date:Dec. 30
Agents:Credit Suisse Securities (USA) LLC and UBS Financial Services Inc.
Fees:0.5%
Cusip:22548T778

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