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Published on 3/4/2013 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $692,000 Bares linked to S&P 500, Russell 2000

By Toni Weeks

San Luis Obispo, Calif., March 4 - Credit Suisse AG, Nassau Branch priced $692,000 of 0% Buffered Accelerated Return Equity Securities due March 6, 2017 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the least-performing underlying index is zero or positive, the payout at maturity will be par plus the greater of the return and a fixed payment percentage of 28%. Investors will receive par if the least-performing index falls by up to 20% and will lose 1% for every 1% decline in the index beyond 20%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, Nassau Branch
Issue:Buffered Accelerated Return Equity Securities
Underlying indexes:S&P 500 and Russell 2000
Amount:$692,000
Maturity:March 6, 2017
Coupon:0%
Price:Par
Payout at maturity:If least-performing index return is flat or positive, par plus 28%; par if least-performing index falls by up to 20%; 1% loss for every 1% decline in the index beyond 20%
Initial index levels:1,514.68 for S&P 500 and 911.11 for Russell
Pricing date:Feb. 28
Settlement date:March 5
Underwriters:Credit Suisse Securities (USA) LLC
Fees:None
Cusip:22546TZ79

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