New Issue: Credit Suisse sells $7.79 million knock-out notes tied to Euro Stoxx 50

By Susanna Moon

Chicago, Jan. 18 - Credit Suisse AG, Nassau Branch priced $7.79 million of 0% knock-out notes due July 23, 2014 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above the 80% knock-out buffer level, the payout at maturity will be par plus the greater of the index return and 7.55%.

Otherwise, the payout will be par plus the index return, with full exposure to any losses.

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

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Knock-out notes
Underlying index:	Euro Stoxx 50
Amount:	$7.79 million
Maturity:	July 23, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If index falls by more than 20%, full exposure to any losses; otherwise, par plus any index gain, floor of 7.55%
Initial level:	2702.54
Knock-out level:	2,162.032, 80% of initial level
Pricing date:	Jan. 16
Settlement date:	Jan. 22
Agents:	J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
Fees:	1.25%
Cusip:	22546TU74

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