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Published on 4/30/2014 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $226,000 Bares due 2017 linked to Russell

By Susanna Moon

Chicago, April 30 - Credit Suisse AG, London Branch priced $686,000 of 0% Buffered Accelerated Return Equity Securities due Nov. 1, 2017 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus the fixed payment of 21.5%.

Investors will receive par if the index falls by up to 20% and lose 1% for every 1% decline beyond 20%.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered Accelerated Return Equity Securities
Underlying index:Russell 2000
Amount:$686,000
Maturity:Nov. 1, 2017
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 21.5%; par if index falls by up to 20%; 1% loss for every 1% drop beyond 20%
Initial index level:1,117.06
Pricing date:April 28
Settlement date:April 30
Underwriters:Credit Suisse Securities (USA) LLC
Fees:2.25%
Cusip:22547QLJ3

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