New Issue: Credit Suisse prices $1.13 million accelerated return notes tied to S&P 500, Russell

By Toni Weeks

San Luis Obispo, Calif., July 29 - Credit Suisse AG, Nassau Branch priced $1.13 million of 0% accelerated return notes due July 31, 2017 linked to the least performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 132% of any gain in the least-performing index.

Investors will receive par if the least-performing index falls by up to 50% and will be fully exposed to the decline if it finishes below the 50% knock-in level.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Accelerated return notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$1,128,000
Maturity:	July 31, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 132% any gain in the least-performing index; par if least-performing index falls by up to 50%; full exposure to decline of least-performing index if it finishes below knock-in level
Initial levels:	1,690.25 for S&P 500 and 1,054.18 for Russell
Knock-in levels:	845.125 for S&P 500 and 527.09 for Russell, 50% of initial levels
Pricing date:	July 25
Settlement date:	July 30
Agent:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22547Q5Y8

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