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Published on 7/23/2013 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $1.92 million accelerated barrier notes linked to Euro Stoxx

By Marisa Wong

Madison, Wis., July 23 - Credit Suisse AG, Nassau Branch priced $1.92 million of 0% accelerated barrier notes due July 26, 2019 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus 170% of the index return.

Investors will receive par if the index falls by less than 50% and will be fully exposed to losses if it falls to or below the 50% knock-in level.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, Nassau Branch
Issue:Accelerated barrier notes
Underlying index:Euro Stoxx 50
Amount:$1,922,000
Maturity:July 26, 2019
Coupon:0%
Price:Par
Payout at maturity:If index return is flat or positive, par plus 170% of the index return; par if index falls by up to 50%; full exposure to decline if index falls beyond 50%
Initial index level:2,716.17
Knock-in level:1,358.085
Pricing date:July 19
Settlement date:July 26
Underwriters:Credit Suisse Securities (USA) LLC
Fees:3%
Cusip:22547Q5R3

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