New Issue Credit Suisse prices $1.25 million buffered securities linked to SPDR S&P Homebuilders

By Toni Weeks

San Diego, March 29 - Credit Suisse AG, Nassau Branch priced $1.25 million of 0% buffered return equity securities due March 30, 2015 linked to the SPDR S&P Homebuilders exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any percentage increase in the ETF's share price, subject to a maximum return of 45%. 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 agent.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Buffered return equity securities
Underlying ETF:	SPDR S&P Homebuilders ETF
Amount:	$1,245,000
Maturity:	March 30, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any percentage increase in the ETF's share price, subject to maximum return of 45%; par if share price declines by 20% or less; loss of 1% for every 1% decline beyond 20%.
Initial price:	$21.67
Pricing date:	March 27
Settlement date:	March 30
Agent:	Credit Suisse Securities (USA) LLC
Fees:	3%
Cusip:	22546TPP0

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