New Issue: Credit Suisse sells $5.25 million capped gears linked to S&P 500

By Marisa Wong

Morgantown, W.Va., Dec. 6 – Credit Suisse AG, London Branch priced $5.25 million of 0% capped gears due Jan. 31, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than zero, the payout at maturity will be par of $10 plus 2 times the index return, subject to a maximum return of 11.3%. If the index return is negative, investors will have one-to-one exposure to the decline.

Credit Suisse Securities (USA) Inc. is the agent. UBS Financial Services Inc. is acting as distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Capped gears
Underlying index:	S&P 500
Amount:	$5,247,170
Maturity:	Jan. 31, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is greater than zero, par plus 2 times index return, subject to 11.3% maximum return; one-to-one exposure to any index decline
Initial index level:	2,601.42
Pricing date:	Nov. 27
Settlement date:	Nov. 30
Agent:	Credit Suisse Securities (USA) Inc.
Distributor:	UBS Financial Services Inc.
Fees:	2%
Cusip:	22549D590

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