New Issue: Credit Suisse prices $6.36 million trigger performance notes on Russell

By Marisa Wong

Madison, Wis., Dec. 3 – Credit Suisse AG, London Branch priced $6.36 million of 0% trigger performance securities due Nov. 29, 2024 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 156.27% of the index return.

Investors will receive par if the index falls by up to 50% and will be fully exposed to losses from the initial level if it falls by more than 50%.

UBS Financial Services Inc. is the distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Trigger performance securities
Underlying index:	Russell 2000
Amount:	$6,359,000
Maturity:	Nov. 29, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 156.27% of index return; par if index falls by up to 50%; if final level is less than trigger level, full exposure to decline in index from initial level
Initial index level:	1,186.940
Trigger level:	593.470, 50% of initial level
Pricing date:	Nov. 24
Settlement date:	Nov. 28
Distributor:	UBS Financial Services Inc.
Fees:	5%
Cusip:	22547T332

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