New Issue: Credit Suisse prices $1.32 million ARES on Market Vectors Gold Miners ETF

By Jennifer Chiou

New York, March 19 - Credit Suisse AG, London Branch priced $1,314,000 of 0% Accelerated Return Equity Securities due Sept. 19, 2016 linked to the Market Vectors Gold Miners exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of any fund gain, capped at 63%. Investors will be exposed to any losses.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, London Branch
Issue:	Accelerated Return Equity Securities
Underlying fund:	Market Vectors Gold Miners ETF
Amount:	$1,314,000
Maturity:	Sept. 19, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any fund gain, capped at 63%; exposure to any losses
Initial price:	$27.73
Pricing date:	March 14
Settlement date:	March 19
Underwriters:	Credit Suisse Securities (USA) LLC
Fees:	0.8%
Cusip:	22547QJU1

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