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Published on 4/4/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $1.01 million capped buffer gears on basket of six indexes

By Marisa Wong

Morgantown, W.Va., April 4 – Credit Suisse AG, London Branch priced $1.01 million of 0% capped buffer gears due March 31, 2020 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei 225 index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

The payout at maturity will be par of $10 plus 2 times any basket gain, up to the maximum return of 57%.

Investors will receive par if the basket falls by up to 10% and will be exposed to any losses beyond the buffer.

UBS Financial Services Inc. is the distributor.

Issuer:Credit Suisse AG, London Branch
Issue:Capped buffer gears
Underlying basket:Euro Stoxx 50 index with a 40% weight, FTSE 100 index with a 20% weight, Nikkei 225 index with a 20% weight, Swiss Market index with a 7.5% weight, S&P/ASX 200 index with a 7.5% weight and Hang Seng index with a 5% weight.
Amount:$1,007,500
Maturity:March 31, 2020
Coupon:0%
Price:Par
Payout at maturity:Par plus double any basket gain, up to a maximum return of 57%; par if basket falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial levels:3,316.95 for Euro Stoxx, 7,000.14 for FTSE, 21,317.32 for Nikkei, 8,638.42 for Swiss, 5,832.30 for S&P/ASX, 30,790.83 for Hang Seng
Pricing date:March 27
Settlement date:March 29
Distributor:UBS Financial Services Inc.
Fees:None
Cusip:22549E747

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