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Published on 9/27/2013 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $1.37 million Bares linked to Russell 2000

By Toni Weeks

San Luis Obispo, Calif., Sept. 27 - Credit Suisse AG, London Branch priced $1.37 million of 0% Buffered Accelerated Return Equity Securities due Sept. 30, 2016 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus a fixed payment percentage of 18%. Investors will receive par if the index falls by up to 20% and lose 1% for every 1% decline in the index beyond 20%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered Accelerated Return Equity Securities
Underlying index:Russell 2000
Amount:$1,366,000
Maturity:Sept. 30, 2016
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 18%; par if index falls by up to 20%; 1% loss for every 1% decline in the index beyond 20%
Initial index level:1,078.41
Pricing date:Sept. 26
Settlement date:Sept. 30
Underwriter:Credit Suisse Securities (USA) LLC
Fees:2.45%
Cusip:22547QAV8

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