New Issue: Credit Suisse prices $720,000 10% callable yield notes linked to Facebook

By Angela McDaniels

Tacoma, Wash., Sept. 26 - Credit Suisse AG, Nassau Branch priced $720,000 of 10% callable yield notes due March 27, 2014 linked to the common stock of Facebook, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The payout at maturity will be par unless the final price of Facebook shares is less than or equal to the knock-in price, in which case investors will receive a number of Facebook shares equal to $1,000 divided by the initial share price. The knock-in price is 50% of the initial share price.

The notes are callable at par on any interest payment date.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Callable yield notes
Underlying stock:	Facebook, Inc. (Symbol: FB)
Amount:	$720,000
Maturity:	March 27, 2014
Coupon:	10%, payable quarterly
Price:	Par
Payout at maturity:	If final price of Facebook shares is less than or equal to knock-in price, 48.00768 Facebook shares; otherwise, par
Call option:	At par on any interest payment date
Initial share price:	$20.83
Knock-in price:	$10.415, 50% of initial share price
Pricing date:	Sept. 24
Settlement date:	Sept. 27
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.5%
Cusip:	22546TZM6

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