New Issue: Credit Suisse prices $4.8 million digital notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., July 30 - Credit Suisse AG, Nassau Branch priced $4.8 million of 0% digital payment securities due Jan. 31, 2014 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 12.6% if the final index level is greater than or equal to the knock-in level, which is 70% of the initial level. If the final index level is less than the knock-in level, investors will lose 1% for every 1% that the index declines from its initial level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Digital payment securities
Underlying index:	Russell 2000
Amount:	$4,802,000
Maturity:	Jan. 31, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to knock-in level, par plus 12.6%; otherwise, 1% loss for every 1% that index declines from initial level
Initial index level:	777.11
Knock-in level:	543.977, 70% of initial level
Pricing date:	July 26
Settlement date:	July 31
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.5%
Cusip:	22546TVY4

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