Credit Suisse plans three-year capped trigger gears linked to S&P 500

By Susanna Moon

Chicago, July 12 – Credit Suisse AG, London Branch plans to price 0% capped trigger gears due July 31, 2019 linked to the S&P 500 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 return of 32% to 36%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 25% contingent buffer 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 July 26 and settle on July 29.

The Cusip number is 22548R681.

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