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Published on 2/14/2019 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $3.48 million trigger gears tied to Euro Stoxx

Chicago, Feb. 14 – Credit Suisse AG, London Branch priced $3.48 million of 0% trigger gears due Jan. 31, 2024 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 3.44 times any index gain.

Investors will receive par if the index falls by up to 30% and will be fully exposed to any losses if the index finishes below the 70% 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:$3,483,320
Maturity:Jan. 31, 2024
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 3.44 times any index gain; par if index falls by up to 30% and full exposure to any losses if index finishes below downside threshold
Initial level:3,153.42
Downside threshold:2207.39, 70% of initial level
Pricing date:Jan. 29
Settlement date:Jan. 31
Distributor:UBS Financial Services Inc.
Fees:3.5%
Cusip:22549Y461

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