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Published on 11/22/2010 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $663,000 Bares linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Nov. 22 - Credit Suisse AG, Nassau Branch priced $663,000 of 0% Buffered Accelerated Return Equity Securities due May 29, 2013 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index's final level is greater than or equal to the initial level, the payout at maturity will be par plus 24.5%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, Nassau Branch
Issue:Buffered Accelerated Return Equity Securities
Underlying index:Russell 2000
Amount:$663,000
Maturity:May 29, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus 24.5% if index's final level is greater than or equal to initial level; par if index declines by 10% or less; 1% loss for every 1% decline beyond 10%
Initial index level:724.36
Pricing date:Nov. 19
Settlement date:Nov. 29
Underwriter:Credit Suisse Securities (USA) LLC
Fees:2.15%
Cusip:22546EG99

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