New Issue: Credit Suisse sells $3.39 million autocallables tied to Hang Seng China Enterprises

By Marisa Wong

Madison, Wis., July 30 - Credit Suisse AG, Nassau Branch priced $3.39 million of 0% autocallable securities due July 31, 2015 linked to the Hang Seng China Enterprises index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus a redemption premium of 12.3% per year if the index closes at or above the initial level on Aug. 1, 2013, July 28, 2014 or July 28, 2015.

If the notes are not called and the final index level is greater than or equal to the knock-in level - 70% of the initial level - investors will receive par at maturity. If the final index level is less than the knock-in level, investors will be fully exposed to the decline from the initial level.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Autocallable securities
Underlying index:	Hang Seng China Enterprises index
Amount:	$3.39 million
Maturity:	July 31, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to knock-in level, par; if final level is less than knock-in level, full exposure to decline from initial level
Call:	Automatically at par plus 12.3% per year if index closes at or above initial level on Aug. 1, 2013, July 28, 2014 or July 28, 2015
Initial level:	9,210.92
Knock-in level:	6,447.644, 70% of initial level
Pricing date:	July 26
Settlement date:	July 31
Agent:	Credit Suisse Securities (USA) LLC
Fees:	2.5%
Cusip:	22546TWG2

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