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Published on 12/3/2013 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $25.25 million Accelerated Return Notes linked to Russell 2000

By Toni Weeks

San Luis Obispo, Calif., Dec. 3 - Credit Suisse AG, London Branch priced $25.25 million of 0% Accelerated Return Notes due Jan. 30, 2015 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 300% of the index return, subject to a maximum payout of par plus 14.04%. Investors will lose 1% for every 1% decline in the index.

The ending index value will be the average of the index closing levels on the five trading days ending Jan. 27, 2015.

Merrill Lynch & Co. is the underwriter.

Issuer:Credit Suisse AG, London Branch
Issue:Accelerated Return Notes
Underlying index:Russell 2000
Amount:$25,252,940
Maturity:Jan. 30, 2015
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 300% of index return, subject to maximum payout of par plus 14.04%; 1% loss for every 1% decline
Initial index level:1,134.53
Pricing date:Nov. 26
Settlement date:Dec. 3
Underwriter:Merrill Lynch & Co.
Fees:2%
Cusip:22545F201

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