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Published on 7/5/2016 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $1.57 million capped gears linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., July 5 – Credit Suisse AG, London Branch priced $1.57 million of 0% capped gears due Aug. 31, 2017 linked to the Euro Stoxx 50 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 23.5%. If the index return is less than zero, investors will have full exposure to the decline.

UBS Financial Services Inc. is acting as distributor.

Issuer:Credit Suisse AG, London Branch
Issue:Capped gears
Underlying index:Euro Stoxx 50
Amount:$1,567,900
Maturity:Aug. 31, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:If the index return is greater than zero, par plus three times the index return, subject to a maximum return of 23.5%; if the index return is less than zero, investors will have full exposure to the decline
Initial index level:2,758.67
Pricing date:June 28
Settlement date:June 30
Distributor:UBS Financial Services Inc.
Fees:2%
Cusip:22548R475

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