New Issue: Credit Suisse sells $2.39 million of trigger gears on S&P 500 index

By Devika Patel

Knoxville, Tenn., Sept. 30 – Credit Suisse AG, London Branch, priced $2,389,600 of 0% trigger gears due Sept. 30, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above the initial level, the payout at maturity will be par plus the upside gearing of 1.845 times the gain.

Investors will receive par if the index declines by up to 50% and will lose 1% for each 1% decline below the initial level if it falls by more than 50%.

UBS Financial Services Inc. is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Trigger gears
Underlying index:	S&P 500
Amount:	$2,389,600
Maturity:	Sept. 30, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.845 times any index gain; par if index declines by up to 50%; 1% loss for each 1% decline if index falls beyond 50%
Initial index level:	2,159.93
Trigger value:	1,079.97, 50% of initial level
Pricing date:	Sept. 27
Settlement date:	Sept. 30
Agent:	UBS Financial Services Inc.
Fees:	5%
Cusip:	22548T133

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