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Published on 9/27/2013 in the Prospect News Structured Products Daily.

Credit Suisse to price leveraged buffered notes tied to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Sept. 27 - Credit Suisse AG, London Branch plans to price 0% leveraged buffered index-linked notes tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 24 to 27 months after pricing.

If the index return is positive, the payout at maturity will be par plus 1.1 times the index return, subject to a maximum payment of $1,308 to $1,352 per $1,000 principal amount. The exact payment cap will be set at pricing.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% index decline beyond the 10% buffer.

The notes (Cusip: 22547QBB1) are expected to price in October.

Credit Suisse Securities (USA) LLC is the agent.


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