New Issue: Credit Suisse prices $4.39 million trigger gears linked to S&P 500

By Sarah Lizee

Olympia, Wash., Oct. 30 – Credit Suisse AG, London Branch priced $4.39 million of 0% trigger gears due Oct. 31, 2028 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 1.62 times any index gain.

Investors will receive par if the index falls by up to 50% and will be fully exposed to any losses if the index finishes below the 50% downside threshold level.

UBS Financial Services Inc. is distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Trigger gears
Underlying index:	S&P 500
Amount:	$4,391,400
Maturity:	Oct. 31, 2028
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.62 times any index gain; par if the index falls by up to 50%; full exposure to any losses if the index finishes below the downside threshold
Initial level:	2,658.69
Downside threshold:	1,329.35, 50% of initial level
Pricing date:	Oct. 26
Settlement date:	Oct. 30
Distributor:	UBS Financial Services Inc.
Fees:	5%
Cusip:	22549R474

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