Credit Suisse plans three-year capped trigger gears linked to Russell

By Susanna Moon

Chicago, April 12 – Credit Suisse AG, London branch plans to price 0% capped trigger gears due April 30, 2020 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The payout at maturity will be par plus double any index gain, up to a maximum return of 34% to 37%.

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.

UBS Financial Services Inc. is the distributor.

The notes will price on April 26 and settle on April 28.

The Cusip number is 22549A695.

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