New Issue: Credit Suisse prices $198,500 trigger step performance securities on Euro Stoxx

By Tali Rackner

Norfolk, Va., Feb. 1 – Credit Suisse AG, London Branch priced $198,500 of 0% trigger performance securities due Jan. 31, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus the greater of any index gain and the step return of 49%.

If the index falls by up to the 75% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

Credit Suisse Securities (USA) LLC and UBS Financial Services Inc. are the agents.

Issuer:	Credit Suisse AG, London branch
Issue:	Trigger step performance securities
Underlying index:	Euro Stoxx 50
Amount:	$198,500
Maturity:	Jan. 31, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is zero or positive, par plus greater of index return and 49%; par if index falls by 25% or less; full exposure to losses if index falls more than 25%
Initial level:	3,043.47
Trigger level:	2,282.60, 75% of initial level
Pricing date:	Jan. 27
Settlement date:	Jan. 29
Agents:	Credit Suisse Securities (USA) LLC and UBS Financial Services Inc.
Fees:	0.5%
Cusip:	22548J390

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