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Published on 6/2/2014 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $13.07 million capped leveraged return notes linked to Russell 2000

By Susanna Moon

Chicago, June 2 - Credit Suisse AG, London Branch priced $13.07 million of 0% Capped Leveraged Index Return Notes due May 27, 2016 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any index gain, up to a maximum return of 14.1%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

Bank of America Merrill Lynch is the underwriter.

Issuer:Credit Suisse AG, London Branch
Issue:Capped Leveraged Index Return Notes
Underlying index:Russell 2000
Amount:$13,065,570
Maturity:May 27, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any index gain, capped at 14.1%; par if index falls by up to 10%; 1% loss for every 1% drop beyond 10%
Initial index level:1,140.07
Pricing date:May 29
Settlement date:June 5
Underwriter:Bank of America Merrill Lynch
Fees:2%
Cusip:22545F391

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