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Published on 10/14/2010 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $1.25 million Bares linked to iShares MSCI Brazil index fund

By Angela McDaniels

Tacoma, Wash., Oct. 14 - Credit Suisse AG, Nassau Branch priced $1.25 million of 0% Buffered Accelerated Return Equity Securities due April 15, 2013 linked to the iShares MSCI Brazil index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 160% of any increase in the exchange-traded fund's share price, subject to a maximum return of 40%. Investors will receive par if the share price declines by 20% or less and will lose 1% for every 1% that it declines beyond 20%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, Nassau Branch
Issue:Buffered Accelerated Return Equity Securities
Underlying ETF:iShares MSCI Brazil index fund
Amount:$1,245,000
Maturity:April 15, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus 160% of any fund gain, up to maximum return of 40%; par if fund falls by 20% or less; 1% loss for every 1% decline beyond 20%
Initial share price:$79.10
Pricing date:Oct. 12
Settlement date:Oct. 15
Underwriter:Credit Suisse Securities (USA) LLC
Fees:None
Cusip:22546EZP2

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