Credit Suisse to price Bares due 2016 linked to Russell 2000 index

By Jennifer Chiou

New York, March 5 – Credit Suisse AG plans to price 0% Buffered Accelerated Return Equity Securities due Oct. 5, 2016 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is flat or positive, the payout at maturity will be par plus 200% of any gain, capped at between 11% and 15%. The exact cap will be set at pricing.

Investors will receive par if the index falls by 10% or less and will lose 1% for every 1% decline beyond 10%.

The notes (Cusip: 22546V5U6) will price on March 31 and settle on April 6.

Credit Suisse Securities (USA) LLC is the underwriter.

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