New Issue: Credit Suisse sells $1.19 million trigger gears linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., April 12 – Credit Suisse AG, London Branch priced $1.19 million of 0% trigger step securities due March 29, 2028 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 3.655 times any index gain.

Investors will receive par if the index falls by up to 35% and will be fully exposed to any losses if the index finishes below the 65% downside threshold level.

UBS Financial Services Inc. is the distributor.

Issuer:	Credit Suisse AG, London Branch
Issue:	Trigger gears
Underlying index:	Euro Stoxx 50
Amount:	$1,192,500
Maturity:	March 29, 2028
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 3.655 times any index gain; par if index falls by up to 35%; full exposure to any losses if the index finishes below downside threshold
Initial level:	3,316.95
Downside threshold:	2,156.02, 65% of initial level
Pricing date:	March 27
Settlement date:	March 29
Distributor:	UBS Financial Services Inc.
Fees:	5%
Cusip:	22549E689

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