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Published on 12/11/2013 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $5.84 million Bares tied to S&P 500, Russell 2000

By Toni Weeks

San Luis Obispo, Calif., Dec. 11 - Credit Suisse AG, London Branch priced $5.84 million of 0% Buffered Accelerated Return Equity Securities due Dec. 14, 2016 tied to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of the lowest-performing index is zero or positive, the payout at maturity will be par plus 156% of that index's return. If the index return of the lowest-performing index is negative but not less than negative 15%, the payout will be par. Otherwise, investors will lose 1.17647% for every 1% decline in the lowest-performing index beyond 15%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered Accelerated Return Equity Securities
Underlying indexes:S&P 500 and Russell 2000
Amount:$5.84 million
Maturity:Dec. 14, 2016
Coupon:0%
Price:Par
Payout at maturity:If return of the lowest-performing index is zero or positive, par plus 156% of that index's return; if return of the lowest-performing index is negative but not less than negative 15%, par; otherwise, 1.17647% loss for every 1% decline in lowest-performing index beyond 15%
Initial levels:1,808.37 for S&P, 1,129.84 for Russell
Buffer levels:85% of initial levels
Pricing date:Dec. 9
Settlement date:Dec. 12
Agent:Credit Suisse Securities (USA) LLC
Fees:0.25%
Cusip:22547QEK8

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