New Issue: Credit Suisse sells $619,000 capped knock-out notes linked to Citigroup

By Susanna Moon

Chicago, June 12 - Credit Suisse AG, Nassau Branch priced $619,000 of 0% capped knock-out notes due June 26, 2013 linked to Citigroup Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

If Citigroup stock finishes at or above the 70% knock-out level, the payout at maturity will be par plus any gain, with a contingent minimum return of 16% and up to a maximum return of 30%.

Otherwise, investors will be fully exposed to any losses.

JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the placement agents.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Capped knock-out notes
Underlying stock:	Citigroup Inc. (NYSE: C)
Amount:	$619,000
Maturity:	June 26, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	If stock finishes above trigger level, par plus any gain, floor of 16% and capped at 30%; otherwise, full exposure to losses
Initial price:	$27.77
Knock-out level:	$19.439, 70% of initial price
Pricing date:	June 8
Settlement date:	June 13
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	1%
Cusip:	22546TUW9

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