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Published on 10/23/2012 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse sells $8.84 million return enhanced notes linked to Apple

By Susanna Moon

Chicago, Oct. 23 - Credit Suisse AG, Nassau Branch priced $8.84 million of 0% return enhanced notes due Jan. 22, 2014 linked to the Apple Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any gain in Apple shares, up to a maximum return of 38.1%.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.

Issuer:Credit Suisse AG, Nassau Branch
Issue:Return enhanced notes
Underlying stock:Apple Inc. (Nasdaq: AAPL)
Amount:$8,837,000
Maturity:Jan. 22, 2014
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any stock gain, capped at 38.1%; exposure to any losses
Initial price:$609.80
Pricing date:Oct. 19
Settlement date:Oct. 26
Agents:J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:1.1%
Cusip:22546TE64

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