New Issue: Credit Suisse prices $509,000 callable Cert Plus notes linked to S&P 500, Russell

By Susanna Moon

Chicago, Nov. 5 - Credit Suisse AG, London Branch priced $509,000 of 0% callable Cert Plus securities due Nov. 5, 2015 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are callable on Nov. 12, 2014 at par plus a return of 11.5%.

If the lowest performing index finishes above the initial level, the payout at maturity will be par plus 1.5 times any gain in the lowest performing index.

Otherwise, the payout will be par unless the lowest performing index finishes at or below the 75% trigger level, in which case investors will receive par plus the return of the lowest performing index.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Callable Cert Plus securities
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$509,000
Maturity:	Nov. 5, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any gain in lowest performing index; if either index falls, the payout will be par unless lowest performing index finishes at or below trigger level, in which case par plus the return of the lowest performing index
Initial levels:	1,756.54 for S&P, 1,100.15 for Russell
Knock-in levels:	1,317.405 for S&P, 825.1125 for Russell; 75% of initial levels
Call option:	On Nov. 12, 2014 at par plus a return of 11.5%
Pricing date:	Oct. 31
Settlement date:	Nov. 5
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22547QBL9

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