New Issue: Credit Suisse sells $2.15 million capped trigger gears tied to Russell

By Kiku Steinfeld

Chicago, April 25 – Credit Suisse AG, London Branch priced $2.15 million of 0% capped trigger gears due Sept. 30, 2024 to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, up to a maximum gain of 27.15%.

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 level.

UBS Financial Services Inc. is the distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Capped trigger gears
Underlying index:	Russell 2000 index
Amount:	$2,148,370
Maturity:	Sept. 30, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus double any index gain, capped at 27.15%; par if index falls by up to 25% and full exposure to any losses if index finishes below downside threshold
Initial level:	2281.003
Downside threshold:	1710.752, 75% of initial level
Pricing date:	Sept. 27, 2021
Settlement date:	Sept. 30, 2021
Distributor:	UBS Financial Services Inc.
Fees:	2%
Cusip:	22551G226

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.