New Issue: Credit Suisse sells $2.94 million trigger securities on index basket

By Kiku Steinfeld

Chicago, Oct. 1 – Credit Suisse AG, London Branch priced $2.94 million of 0% trigger securities due Sept. 22, 2026 linked to an equally weighted basket consisting of the S&P 500 index and the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the basket return is zero or positive, the payout at maturity will be par of $10 plus the basket return.

If the basket declines but finishes at or above 76.92% of its initial level, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the basket.

UBS Financial Services Inc. is the distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Trigger securities
Underlying basket:	S&P 500 index and Russell 2000 index, equally weighted
Amount:	$2,940,000
Maturity:	Sept. 22, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain if basket return is zero or positive; par if basket declines but finishes at or above trigger level; otherwise, full exposure to decline
Initial levels:	2,236.871 for Russell, 4,432.99 for S&P
Trigger level:	76.92% of initial level
Pricing date:	Sept. 17
Settlement date:	Sept. 22
Distributor:	UBS Financial Services Inc.
Fees:	3.5%
Cusip:	22551G168

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