New Issue: Credit Suisse prices $7.8 million trigger gears linked to MSCI EM

By Angela McDaniels

Tacoma, Wash., Dec. 30 – Credit Suisse AG, London Branch priced $7.8 million of 0% trigger gears due Dec. 31, 2024 linked to the MSCI Emerging Markets 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 1.3 times the index return. Investors will receive par if the index declines by 25% or less and have one-to-one exposure to the index’s decline from its initial level if it declines by more than 25%.

UBS Financial Services Inc. is acting as distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Trigger gears
Underlying index:	MSCI Emerging Markets
Amount:	$7,804,750
Maturity:	Dec. 31, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is greater than zero, par plus 1.3 times index return; par if index declines by 35% or less; full exposure to index’s decline from initial level if index declines by more than 35%
Initial level:	1,118.28
Downside threshold:	838.71, or 75% of initial level
Pricing date:	Dec. 27
Settlement date:	Dec. 31
Distributor:	UBS Financial Services Inc.
Fees:	3.5%
Cusip:	22550K731

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