New Issue: Credit Suisse prices $23.13 million capped gears linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., June 27 – Credit Suisse AG, London Branch priced $23.13 million of 0% capped gears due Aug. 31, 2020 linked to the Russell 2000 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 three times the index return, subject to a maximum return of 15.2%. If the index return is negative, investors will have one-to-one exposure to the decline.

UBS Financial Services Inc. is acting as distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Capped gears
Underlying index:	Russell 2000
Amount:	$23,131,710
Maturity:	Aug. 31, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is greater than zero, par plus three times index return, subject to 15.2% maximum return; one-to-one exposure to any index decline
Initial level:	1,521.035
Pricing date:	June 25
Settlement date:	June 28
Distributor:	UBS Financial Services Inc.
Fees:	2%
Cusip:	22550F526

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