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Published on 4/30/2018 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $28.58 million capped gears tied to MSCI EAFE

By Marisa Wong

Morgantown, W.Va., April 30 – Credit Suisse AG, London Branch priced $28.58 million of 0% capped gears due June 28, 2019 linked to the MSCI EAFE 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 16.25%.

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:MSCI EAFE
Amount:$28,580,450
Maturity:June 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 16.25%; full exposure to losses
Initial level:2,036.38
Pricing date:April 26
Settlement date:April 30
Distributor:UBS Financial Services Inc.
Fees:2%
Cusip:22549M210

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