New Issue: Credit Suisse sells $4.74 million trigger performance notes linked to iShares MSCI EAFE ETF

New York, Nov. 25 – UBS AG, London Branch priced $4.74 million of 0% trigger performance securities due Nov. 30, 2020 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par of $10 plus 167% of the ETF return. Investors will receive par if the ETF falls by up to 25% and will be fully exposed to losses from the initial share price if it falls by more than 25%.

UBS Financial Services Inc. is the distributor.

The estimated initial value of the securities is $9.35 per $10 principal amount.

Issuer:	Credit Suisse AG, London Branch
Issue:	Trigger performance securities
Underlying ETF:	iShares MSCI EAFE ETF
Amount:	$4,737,250
Maturity:	Nov. 30, 2020
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	If ETF return is positive, par plus 167% of ETF return; par if ETF falls by up to 25%; full exposure to losses from initial share price if ETF falls by more than 25%
Initial share price:	$60.55
Trigger level:	$45.41, 75% of initial share price
Pricing date:	Nov. 24
Settlement date:	Nov. 30
Distributor:	UBS Financial Services Inc.
Fees:	3.5%
Cusip:	22548F810

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