New Issue: Credit Suisse prices $887,000 ARES linked to Financial Select SPDR

By Toni Weeks

San Diego, Feb. 23 - Credit Suisse AG, Nassau Branch priced $887,000 of 0% Accelerated Return Equity Securities due Aug. 31, 2012 based on the performance of the Financial Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any fund gain, up to a maximum return of 19.45%. Investors will be exposed to any losses.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Accelerated Return Equity Securities
Underlying fund:	Financial Select Sector SPDR fund
Amount:	$887,000
Maturity:	Aug. 31, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple any fund gain, up to a maximum return of 19.45%; investors will be exposed to any losses
Initial level:	$17.20
Pricing date:	Feb. 18
Settlement date:	Feb. 28
Agent:	Credit Suisse Securities (USA) LLC
Fees:	1.5%
Cusip:	22546EU85

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