New Issue: Credit Suisse sells $3.7 million capped buffer in-gears on S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, Sept. 21 – Credit Suisse AG, London Branch priced $3.7 million of 0% capped buffer in-gears due March 20, 2024 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the lesser-performing index is greater than negative 15%, the payout at maturity will be par of $10 plus the lesser of 1.87 times the sum of the lesser-performing index’s return and 26%, subject to a maximum return of 63.4%.

If the return of the lesser-performing index is less than negative 15%, investors will lose 1% for every 1% that the lesser-performing index declines beyond 14%.

UBS Financial Services Inc. is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Capped buffer in-gears
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$3,695,000
Maturity:	March 20, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If lesser-performing index’s return is greater than negative 15%, par plus lesser of 1.87 times sum of lesser-performing index’s return and 26%, subject to 63.4% maximum return; if lesser-performing index’s return is less than negative 15%, 1% loss for every 1% that lesser-performing index declines beyond 15%
Initial index levels:	2,877.13 for S&P 500 and 1,717.467 for Russell 2000
Pricing date:	Sept. 10
Settlement date:	Sept. 13
Agent:	UBS Financial Services Inc.
Fees:	0.75%
Cusip:	22549R375

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