New Issue: Credit Suisse prices $5.95 million buffered participation equity securities on S&P 500

By Jennifer Chiou

New York, Nov. 7 - Credit Suisse AG, Nassau Branch priced $5,951,000 of 0% buffered participation equity securities due Nov. 19, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par the gain, subject to a cap of 19%.

Investors will receive par for losses up to 15% and will share in losses beyond the buffer at a rate of 1.1765% per 1% drop beyond the buffer.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Buffered participation equity securities
Underlying index:	S&P 500
Amount:	$5,951,000
Maturity:	Nov. 19, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 19%; par for losses up to 15%; exposure to losses beyond the buffer at a rate of 1.1765% per 1% drop
Initial level:	1,414.20
Trade date:	Nov. 2
Settlement date:	Nov. 9
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	2%
Cusip:	22546TH20

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