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Published on 11/30/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $1.79 million capped gears linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Nov. 30 – Credit Suisse AG, London Branch priced $1.79 million of 0% capped gears due Jan. 31, 2020 linked to the Euro Stoxx 50 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, capped at par plus 31.75%.

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:Euro Stoxx 50
Amount:$1,787,290
Maturity:Jan. 31, 2020
Coupon:0%
Price:Par of $10
Payout at maturity:If the index return is greater than zero, par plus 3 times the index return, capped at par plus 31.75%; full exposure to losses
Initial index level:3,168.29
Pricing date:Nov. 28
Settlement date:Nov. 30
Distributor:UBS Financial Services Inc.
Fees:2%
Cusip:22549R771

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