New Issue: Credit Suisse prices $4.83 million capped gears linked to Russell 2000

By Kiku Steinfeld

Chicago, Aug. 13 – Credit Suisse AG, London Branch priced $4.83 million of 0% capped gears due Sept. 30, 2021 linked to the Russell 2000 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 three times the index return, subject to a maximum return of 18.5%. If the index return is negative, investors will have one-to-one exposure to the decline.

UBS Financial Services Inc. is acting as distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Capped gears
Underlying index:	Russell 2000
Amount:	$4,828,660
Maturity:	Sept. 30, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is greater than zero, par plus three times index return, subject to 18.5% maximum return; one-to-one exposure to any index decline
Initial level:	1,521.035
Pricing date:	July 28
Settlement date:	July 31
Distributor:	UBS Financial Services Inc.
Fees:	2%
Cusip:	22550X253

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