New Issue: Credit Suisse prices $3.46 million Cert PLUS notes tied to S&P 500

By Angela McDaniels

Tacoma, Wash., June 2 - Credit Suisse AG, Nassau Branch priced $3.46 million of 0% Cert PLUS securities due June 3, 2016 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If index finishes above the initial level, the payout at maturity will be par plus 145% of the index return.

If the index finishes below the initial level, the payout at maturity will be par if the index never closes at or below 50% of its initial level during the life of the securities. Otherwise, the payout will be par plus the index return.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Cert PLUS securities
Underlying index:	S&P 500
Amount:	$3,455,000
Maturity:	June 3, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 145% of any index gain; par plus index return if return is negative and index ever closes at or below knock-in level during life of securities; otherwise, par
Initial index level:	1,345.2
Knock-in level:	672.6, 50% of initial level
Pricing date:	May 31
Settlement date:	June 3
Underwriter:	Credit Suisse Securities (USA) LLC
Fees:	None
Cusip:	22546E4H4

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